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Suzie deposits $200 into an account that earns an annual simple interest rate of 5%. At the same time, John deposits $220 into an account
Suzie deposits $200 into an account that earns an annual simple interest rate of 5%. At the same time, John deposits $220 into an account that earns a constant force of interest of 8. After 5 years, the value in each account is the same. Calculate 8. A 2.56% B 2.59% C 2.65% D 2.73% E 2.97%
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