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Mark wishes to deposit $1900 for one year. There are two methods that he can use. Method 1 Invest in a fund with an annual

Mark wishes to deposit $1900 for one year. There are two methods that he can use. Method 1 Invest in a fund with an annual simple interest rate of 5.2%. Method 2 Invest in a fund for 6 months with an annual simple interest rate of 4.7%. Then reinvest the proceeds into a 6 month fund with an annual simple interest rate of j%. Find the value of j that would make both methods equal. Round your answer to 3 decimal places.

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