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Mathematics, 02.10.2019 21:10 chamarabrown6529

Eric deposits 100 into a savings account at time 0 which pays interest at a nominal rate of i compounded semiannually. mike deposits 200 into a different savings acount at time 0, which pays simple interest at an annual rate of i. eric and mike earn the same amount of interest during the last 6 months of the 8th year. calculate i.

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