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Renee ma fie s deposits of X at the beginning of each year for-10 years. These deposits earn interest at the end of each year

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Renee ma fie s deposits of X at the beginning of each year for-10 years. These deposits earn interest at the end of each year at an annual C effective rate of 3%. The interest is immediately, reinvested at an annual effective rate of 6%. At the end of 10 years, the accumulated value of Renee's 10 deposits and reinvested interest is 3000. Sam also makes deposits of X at the beginning of each year for 10 years. These deposits earn interest at the end of each year at an annual effective rate of i%. The interest is immediately, reinvested at an annual effective rate of i%. At the end of 10 years, the accumulated value of Sam's 10 deposits and reinvested interest is also 3000

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