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Melisandre opens a bank account paying i ( 4 ) = 9 . 6 2 5 % . 1 year later, she has $ 8
Melisandre opens a bank account paying i year later, she has $ in her account. How much money did she deposit in the account at the start? No dates or daycount convention are given, so use theoretical time; ie year days weeks months etc. and count time in periods. eg weeks years; months years, etc.
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