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Bill deposits money into a bank account at the end of each year. Bill's deposit in year t is equal to 100t,t=1,2,3. The bank credits
Bill deposits money into a bank account at the end of each year. Bill's deposit in year t is equal to 100t,t=1,2,3. The bank credits interest at an annual effective rate of t The amount of interest earned in Bill's account during the 11 th year is equal to 500 . Calculate t 0.0725 0.0775 0.0800 0.0825 0.0875 Bill deposits money into a bank account at the end of each year. Bill's deposit in year t is equal to 100t,t=1,2,3. The bank credits interest at an annual effective rate of t The amount of interest earned in Bill's account during the 11 th year is equal to 500 . Calculate t 0.0725 0.0775 0.0800 0.0825 0.0875
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