Question: please answer if you are fully confident 4) A person makes an initial deposit of $5,000 into an account earning an effective annual compound interest
please answer if you are fully confident
4) A person makes an initial deposit of $5,000 into an account earning an effective annual compound interest rate of i for each full year money is in the account, and earning a simple annual interest rate of 6% for fractions of years that money is in the account. The money in the account is fully withdrawn once the account hits $15,000, which occurs 10 months into the 12th year. Find
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