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100 is deposited into an account at the end of each 3-year period for 36...

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Finance

100 is deposited into an account at the end of each 3-year period for 36 years. The accumulated value at the end of 36 years is 4 times the accumulated amount in the account at the end of 12 years. Find the effective annual rate and the accumulated amount at the end of 36 years.

(use annuity immediate formula)

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