Mathematics
Mathematics, 04.01.2021 02:10, zanna12

Kathryn deposits 100 into an account at the beginning of each 4-year period for 40 years. The account credits interest at an annual effective interest rate of i. The accumulated amount in the account at the end of 40 years is X, which is 5 times the accumulated amount in the account at the end of 20 years. Find X

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Kathryn deposits 100 into an account at the beginning of each 4-year period for 40 years. The accoun...

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