17. You deposits 10 into fund a today 20 ifteen years later. Interest for the...
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17. You deposits 10 into fund a today 20 ifteen years later. Interest for the and first 10 years is credited at a nominal discount rate of d compounded quarterly, and thereafter at a nominal interest rate of 6% compounded semiannually. The accumulated balance in the fund at the end of 30 years is 100. Calculate d. A) 4.33% B) 4.43% C) 4. 53% D) 4.63% a .% E) 473 18. Deposits of P are made into Fund A at the end of each year for 10 years. The effective annual rate of interest for Fund A is 5% for the first five years and 3% for the next 5 years. Deposits of P are made into Fund B at the end of each year for 10 years. The effective annual rate of interest for Fund B is i% for the 10 year period. The amount in each fund is the same after 10 years. Find i. A) 5B.7 C) 4.0 D) 4.3 E) 4.5
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