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A 5 - year investment pays interest at j 1 = 6 % for the first 3 years, j 4 = 1 0 % for

A 5-year investment pays interest at j1=6% for the first 3 years, j4=10% for the fourth year, and j12=12% for the fifth year. What is the equivalent nominal interest rate, j2, earned over the 5 years?
Answer: %
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