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At an annual effective discount rate d, at investment of 1 grows to 1.3 after 2 years. If 1000 is invested into a separate account,
At an annual effective discount rate d, at investment of 1 grows to 1.3 after 2 years. If 1000 is invested into a separate account, for two years, that accumulates interest at a nominal rate of interest that is numerically equivalent to d, compounded semi-annually, what will the accumulated value of this account be? A. 1261.0 B. 1269.5 O C. 1277.7 O D. 1288.9 O E. 1296.3
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