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. Question 30 Jake invests $100 into a bank account at a compound annual interest rate of 6% for 15 years. Jill invests $100 into
. Question 30 Jake invests $100 into a bank account at a compound annual interest rate of 6% for 15 years. Jill invests $100 into a different bank account at an annual simple discount rate of d for 10 years. The amount of interest that Jake earns after 15 years equals the amount of interest that Jill earns over 10 years. Determine d. A 5.2% B 5.4% C 5.6% D 5.8% 6.0%
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