Question: please don't calculate using excel. please do it using formula 1. biyu deposits $400 in an account paying a nominal interest rate 9.650% compounded quarterly.

please don't calculate using excel.

please do it using formula

1.

biyu deposits $400 in an account paying a nominal interest rate 9.650% compounded quarterly. devi deposits $1,200 in an account paying a nominal interest rate i(365). After 15 years they have the same amount in their accounts. What is i(365)?

2.

ram deposits $100 in an account paying an effective weekly interest rate 0.14135%. biyu deposits $250 in an account paying an effective interest rate j26. After 24 years they have the same amount in their accounts. What is j26?

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