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Hello i need help solving this question. A deposit of X is made in to a fund which pays an annual effective interest rate of
Hello i need help solving this question. A deposit of X is made in to a fund which pays an annual effective interest rate of 6% for 10 years. At the same time, X=2 is deposited in to another fund which pays an annual effective rate of discount of d for 10 years. The amount of interest earned over 10 years are equal for both funds. Calculate d.Thank you!
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