: Abby pays Brandon 100, in return he pays 20 at times 1,2,3,4,5, and 6....

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Accounting

: Abby pays Brandon 100, in return he pays 20 at times 1,2,3,4,5, and 6. Each time Abby gets a payment, she invests it at 2% interest and then withdraws all the money at the end of the 6 years. Calculate the interest rate paid by Brandon and Abbys yield rate. [A =0.03949, B =0.0547179]

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