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t=5 2) [4 points) The balance in a savings account at time 5 is $13,000. At time 4, the balance was $12,400. What is the

t=5 2) [4 points) The balance in a savings account at time 5 is $13,000. At time 4, the balance was $12,400. What is the effective rate of interest during the fifth period

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