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A person invests $100 today and $200 ten years later. Interest is credited at a nominal discount rate of 5% compounded weekly for the first
A person invests $100 today and $200 ten years later. Interest is credited at a nominal discount rate of 5% compounded weekly for the first 15 years, and then interest is credited at a nominal discount rate of d(12) compounded monthly. Find d(12) if the account has $2,000 at the end of 40 years.
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