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QUESTION 9 Jeff deposits 200 into a fund today and 300 twenty years later, Interest for the first 12 years is credited at a nominal
QUESTION 9 Jeff deposits 200 into a fund today and 300 twenty years later, Interest for the first 12 years is credited at a nominal discount rate of d compounded quarterly, and thereafter at a nominal interest rate of 2.2% compounded semiannually, The accumulated balance in the fund at the end of 28 years is 1500. Calculate d. O 10.2% O 10.5% O 10.9% O 11.4% O 12.0%
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