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You are given the following table of interest rates: Calendar Year of Original Investment Portfolio Calendar Year Rates of Portfolio Rate Investment Year Rates (in

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You are given the following table of interest rates: Calendar Year of Original Investment Portfolio Calendar Year Rates of Portfolio Rate Investment Year Rates (in %) p+5 y 1992 8.25 8.25 8.4 8.5 8.5 8.35 1997 1993 8.5 8.7 8.75 8.9 9.0 1998 8.6 8.85 1994 9.0 9.0 9.1 9.1 9.2 1999 1995 9.0 9.1 9.2 9.3 9.1 9.4 9.6 2000 2001 1996 9.25 9.5 9.55 9.35 9.35 9.5 1997 9.5 9.6 9.7 9.7 1998 10.0 10.0 9.8 9.9 9.7 1999 9.8 10.0 9.5 2000 9.5 2001 9.0 A person deposits 1000 on January 1, 1997. Let the following be the accumulated value of the 1000 on January 1, 2000: P:under the investment year method Q: under the portfolio yield method R: where the balance is withdrawn at the end of every year and is is reinvested at the new money rate Determine the ranking of P, Q, and R

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