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A 5-year loan accrues interest at an annual effective rate of 3.5% for the first three years and at a force of interest of 1/(1+2t)

A 5-year loan accrues interest at an annual effective rate of 3.5% for the first three years and at a force of interest of 1/(1+2t) after the first three years. If the loan is repaid by a single payment at the end of its 5-year term, what equivalent annual effective rate of discount did the borrower pay

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