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Beth makes a deposit into an account which credits interest at a nominal interest rate of 9% per annum, convertible semiannually. At the same time,

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Beth makes a deposit into an account which credits interest at a nominal interest rate of 9% per annum, convertible semiannually. At the same time, David deposits 1000 into a different bank account, which is credited with simple interest. At the end of 4 years, the forces of interest on the two accounts are equal, and David's account has accumulated to X. Find the value of X. X = 1543.29

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