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An account pays simple interest as follows: . 6% for the first 60 days 3% thereafter. An individual who deposited 100 in his

  

An account pays simple interest as follows: . 6% for the first 60 days " 3% thereafter. An individual who deposited 100 in his account got back 102. How long did his investment last? Another individual made a similar investment in an account paying a constant interest rate T. What is the value of T?

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