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You plan to accumulate 1 0 0 , 0 0 0 at then end of 4 2 years. You make the following deposits: i )
You plan to accumulate at then end of years. You make
the following deposits:
i X at the beginning of years
ii No deposits at the beginning of years
iii Y at the beginning of years
The annual effective interest rate is i and X Y
Find Y
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