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Problem 32.24t Jason deposits 3960 into a bank account at t-0. The bank credits interest at the end of cach year at a force of

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Problem 32.24t Jason deposits 3960 into a bank account at t-0. The bank credits interest at the end of cach year at a force of intcrest Interest can be reinvested at an annual effective rate of 7%. The total accu- mulated amount at time t = 3 is cqual to X. Calculate X

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