Question: Problem 3 At an annual effective interest rate ( i ) it is known that: ( i ) The present value of 3

Problem 3 At an annual effective interest rate \( i \) it is known that: (i) The present value of 3 at the end of each year for \(3 n \) years, plus an additional 1 at the end of each of the first \(2 n \) years, is 7.(ii) The present value of an \(2 n \)-year deferred annuity-immediate paying 1 per year for \( n \) years is 1. Find \( i \).
Problem 3 At an annual effective interest rate \

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