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Find the final amount to which an initial deposit of 1 0 0 accumulates over 2 5 years at the following rates of interest: a
Find the final amount to which an initial deposit of accumulates over years at the
following rates of interest:
a An effective rate of interest corresponding to a nominal rate of discount of pa
convertible quarterly.
b pa convertible three times per year for the first years, and thereafter pa
convertible every second year or "every other year"
c An annual effective rate of interest at which a sum of money deposited would triple
in years.
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