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Kathryn deposits 100 into an account at the end of each 4-year period for 40 years. The account credits interest at an effective annual interest
Kathryn deposits 100 into an account at the end of each 4-year period for 40 years. The account credits interest at an effective annual interest rate of i. The accumulatied amount in the the account at the of 40 years is X, which is 4 times the accumulated amount in thte account at the end of 20 years. Calculate X
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