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You invest 1 0 0 in an account earning an annual effective rate of interest At the same time invest 1 0 0 in an

You invest 100 in an account earning an annual effective rate of interest At the same time invest 100 in an account earning a nominal rate of discount 8% convertible semiannually. In the 2nd year we earn the same amount in interest . Find X and find the amount of interest earned

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