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Jeff deposits Y into a savings account at time 0, which pays interest at a nominal rate of i, compounded semiannually. Mike deposits 2.5Y into

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Jeff deposits Y into a savings account at time 0, which pays interest at a nominal rate of i, compounded semiannually. Mike deposits 2.5Y into a different savings account at time 0, which pays simple interest at an annual rate of i. Jeff and Mike earn the same amount of interest during the last 6 months of the 7th year. Calculate

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