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You deposit an amount 2X into an account at time 0 and 3X into the same account at time 3. The account balance at time
You deposit an amount 2X into an account at time 0 and 3X into the same account at time 3. The account balance at time 5 is $5, 000. If the account has earned a 4% annual effective rate, what is the value of X ?
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