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The capital C = 1,000 is invested in a mixed compounding regime, with quarterly compound rate j = 6%. At the investment date, the time

The capital C = 1,000 is invested in a mixed compounding regime, with quarterly compound rate j = 6%. At the investment date, the time to the next compounding is T. Right after the fourth compounding, M= 1,057. Find T. Ans: T = 0.1805

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