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Please include all work. Problem 3.2 is deposited into an account, whose accumulation function is a(it 1+0.03Vt, at time 0, find the effective rate for

Please include all work.

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Problem 3.2 is deposited into an account, whose accumulation function is a(it 1+0.03Vt, at time 0, find the effective rate for the first period(between time 0 and time 1) and second period (between time 1 and time 2

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