Question: Devi deposits $200 in an account paying 7.850% compounded semi-annually. Javier deposits $400 in an account paying a nominal interest rate i(4). After 20 years

Devi deposits $200 in an account paying 7.850% compounded semi-annually. Javier

Devi deposits $200 in an account paying 7.850% compounded semi-annually. Javier deposits $400 in an account paying a nominal interest rate i(4). After 20 years they have the same amount in their accounts. What is i(4)? a. 4.214% b. 4.257% c. 3.874% d. 3.916% e. 3.831% Certainty : C=1 (Unsure: 67%) C=3 (Quite sure: >80%)

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