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Jim borrows $300 two years from now from a bank, an additional $400 five years from now and an additional $100 ten years from now

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Jim borrows $300 two years from now from a bank, an additional $400 five years from now and an additional $100 ten years from now At what point in time, t (in years), would a single payment of S784.75 be equivalent at an annual nominal rate of interest of 12% convertible monthly? AO B.2 OC. 4 0.6 O E. 8

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