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Andy deposits $500 at the beginning of each year for 10 years into a savings account that pays interest at an annual effective rate of
Andy deposits $500 at the beginning of each year for 10 years into a savings account that pays interest at an annual effective rate of 4%. Barney deposits $X into a different savings account at the end of each year for 5 years with interest at an annual effective rate of 5%. Andy and Barney earn the same amount of interest during the 15th year. Determine X
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