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A deposit of 1 is made at the end of each year for 10 years into a bank account that pays interest at the end
A deposit of 1 is made at the end of each year for 10 years into a bank account that pays interest at the end of each year at an annual effective rate of j. Each interest payment is reinvested into another account where it earns an annual effective interest rate of j/2. The accumulated value of these interest payments at the end of 10 years is 4.0122. Calculate j.
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