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Money accumulates in a fund at an annual effective interest rate of i during the first 5 years, and at an annual effective interest rate
Money accumulates in a fund at an annual effective interest rate of i during the first years, and at an annual effective interest rate of i thereafter.
A deposit of is made into the fund at time It accumulates to at the end of years and to at the end of years. What is the value of the deposit at the end of years?
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