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Problem #7: You deposit P dollars into an account that earns a nominal rate of i compounded semiannually. At the same time, you deposit 2P

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Problem #7: You deposit P dollars into an account that earns a nominal rate of i compounded semiannually. At the same time, you deposit 2P dollars into an account that earns simple interest at an annual rate of i. If both deposits earn the same amount of interest in the last 6 months of year 9, what is i? Problem #7: Answer as a percentage, correct to 2 decimals. Just Save Submit Problem #7 for Grading Problem #7 Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Your Answer: Your Mark

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