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= At t = 0, Anna invests 400 into an account earning simple interest at an annual rate of 7%. Her effective rate of interest
= At t = 0, Anna invests 400 into an account earning simple interest at an annual rate of 7%. Her effective rate of interest during year 5 is equal to i. Also at t = 0. Dan invests 800 into an account crediting compound interest at an annual rate of i. What is the value of Dan's account after 8 years? O 1225 0 1262 1298 1335 1372
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