Question
Two funds, A and B, start with the same amount. Fund A grows at an annual interest rate of i> 0 for n years,
Two funds, A and B, start with the same amount. Fund A grows at an annual interest rate of i> 0 for n years, and at an annual interest rate j> 0 for the next In years. Fund B grows at an annual interest rate of k> 0 for 2n years. Fund A equal 1.5 times fund B after n years. The amount in the two funds are equal after 2n years. (1) Find the relations between i and k. (2) Find the relations between j and k
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International Accounting
Authors: Timothy Doupnik, Hector Perera
4th edition
77862201, 978-0077760298, 77760298, 978-0077862206
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