Cathy opens a savings account with a deposit of $4000. she deposits 2000 a year later, 3000
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Question:
Cathy opens a savings account with a deposit of $4000. she deposits 2000 a year later, 3000 a year after that and 1000 at the end of the third year. the account grows by an annual effective rate i. Just after Cathy's 1000 deposit, her balance is 12500. Find i.
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