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Bruce deposits 100 into a bank account. His account is credited interest at a nominal rate convertible semiannually. At the same time, Peter deposits 100
Bruce deposits 100 into a bank account. His account is credited interest at a nominal rate convertible semiannually. At the same time, Peter deposits 100 into a separate account. Peter's account is credited interest at a force of interest of 8. After 7'/4 years, the value of each account is 200. Calculate i-8
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