On 1/1/97 Kelly deposits X into a bank account. The account is credited with simple...
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On 1/1/97 Kelly deposits X into a bank account. The account is credited with simple interest at the rate of 10% per year. On the same date, Tara deposits X into a different bank account. The account is credited interest using a force of interest: 21 0 = t2 + k From the end of the 4th year until the end of the 8th year, both accounts earn the same dollar amount of interest. Calculate k
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