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A deposit of X is made into a fund which pays an annual effective interest rate of 6 % for 1 0 years. At the
A deposit of X is made into a fund which pays an annual effective interest rate of for years. At the same time, X is deposited into another fund which pays an annual effective rate of discount of d for years. The amounts of interest earned over the years are equal for both funds. Calculate i where i represents the effective rate of interest when d is its discount rate.
a b c d e
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