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Bruce deposits 340 into a bank account. His account is credited interest at a nominal rate of interest i convertible semiannually. At the same time,
Bruce deposits 340 into a bank account. His account is credited interest at a nominal rate of interest i convertible semiannually. At the same time, Peter deposits 340 into a separate account. Peter's account is credited interest at a force of interest 8. After 8.25 years, the value of each account is 850. Calculate (i-6). [1.b-f #01] 0.22% 0.27% 0.31% 0.36% 0.41%
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