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Five deposits of 650 are made into a fund at 3-year intervals with the first deposit at the beginning of the first year. The fund

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Five deposits of 650 are made into a fund at 3-year intervals with the first deposit at the beginning of the first year. The fund earnis interest at an annual efective rate of Gurra hefirst six years and at an annual effective rate of 6% after that. There is only one additional deposit of 400 at t24 This time the additional deposit of 600 is NOT made at -21. Calculate the annual effective yield rate earned over the Investment period ending at the end of the twenty-severth year, A. 0.050900 2. The correct answer does not appeare G. 0.057845 D. 0.006092 E 0.053532

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