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Question 5 . 2 1 Brian deposits $ 1 0 0 into a fund today. Interest for the first year is credited at a nominal
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Brian deposits $ into a fund today.
Interest for the first year is credited at a nominal discount rate of compounded
monthly.
Interest for the second year is credited at a nominal interest rate of compounded
quarterly.
Interest for the third year is credited at a constant annual force of interest of
Calculate the accumulated value at the end of years.
A
B
C
D
E
The answer should be E Please solve by hand. I don't understand how to get that answer.
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