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Matthew deposits 1 0 0 into Fund X , which earns a nominal annual rate of discount of 1 2 % convertible quarterly. At the
Matthew deposits into Fund X which earns a nominal annual rate of discount of convertible quarterly. At the same time, Sarah deposits into Fund Y which earns a constant annual force of interest of After n years, the balance of Fund X equals the balance of Fund Y Calculate nMatthew deposits into Fund X which earns a nominal annual rate of discount of convertible quarterly.
At the same time, Sarah deposits into Fund Y which earns a constant annual force of interest of
After years, the balance of Fund equals the balance of Fund
Calculate
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