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i need help with number 2 please the value dt til 4 01 3,400 l ve Paru at the (2) Sylvia invests her money in

i need help with number 2 please image text in transcribed

the value dt til 4 01 3,400 l ve Paru at the (2) Sylvia invests her money in an account earning interest based on simple dis- count at a 2% annual rate. What is her effective interest rate in the fifth year

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