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GOOD LUCK!!! Task 1 . A customer in a bank withdrew PLN 5 0 0 0 from a savings account after 3 years. The nominal

GOOD LUCK!!!
Task 1. A customer in a bank withdrew PLN 5000 from a savings account after 3 years. The nominal interest rate was
2.5%. The deposit lasted 3 years. For the last 9 months a simple interest rate method was used, before that for 15 months
a compound interest rate, and at the beginning a continuous compounding interest rate (after each change in the interest
rate method the profits were credited to the account balance). Please calculate how much was saved at the beginning of
this deposit.
Task 2. For the first six months, a certain loan was subject to a continuous interest rate of 6.5%. For the next 15 months it
was at a compound interest rate of 7% with quarterly capitalisation. Finally, for one year it was at a compound interest
rate of 8.5% with semi-annual capitalisation. Find the average effective interest rate on this loan over the whole analysed
period (according to compound interest rate method).
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