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Buzz deposits $D into a savings account that pays compound interest at a nominal rate of i, compounded semiannually. Woody deposits $2D into a savings
Buzz deposits $D into a savings account that pays compound interest at a nominal rate of i, compounded semiannually.
Woody deposits $2D into a savings account that pays simple interest at an annual rate of i. Buzz and Woody each earn the same amount of interest during the last 6 months of the 7th year.
Find i.
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