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Deposits of 500 each are made into an account on the first day of every January and July beginning on January 1, 2009. If the
Deposits of 500 each are made into an account on the first day of every January and July beginning on January 1, 2009.
If the nominal annual interest rate is i(6)=0.06 and interest is credited on the last day of every February, April, June, August, October and December, on what date does the account balance first exceed 10,000?
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