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(a) Find the accumulated value of 1 at the end of n periods where the effective rate of interest for the kth period, k=1,2,..., n,
(a) Find the accumulated value of 1 at the end of n periods where the effective rate of interest for the kth period, k=1,2,..., n, is defined by ik = (1+r)*(1+i) - 1. (b) Show that the answer to (a) can be written in the form (1 + i)". Find j. (a) Find the accumulated value of 1 at the end of n periods where the effective rate of interest for the kth period, k=1,2,..., n, is defined by ik = (1+r)*(1+i) - 1. (b) Show that the answer to (a) can be written in the form (1 + i)". Find j
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