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Two years ago Z XY deposited $1,420 in an account that has earned and wil earn 11.40% per year in compound intrest. If CBA deposits

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Two years ago Z XY deposited $1,420 in an account that has earned and wil earn 11.40% per year in compound intrest. If CBA deposits $2140 in an account in 1 year from today that earns simple interest then how must interest per year muut CBA earn to have the same amount of money in years from today as Zxy will have in 8 years from today? Answer 40 annual rate

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