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# You are given: (i) Fund X pays interest at the rate of 6% convertible monthly; (ii) Fund Y pays interest at a force of interest

You are given: (i) Fund X pays interest at the rate of 6% convertible monthly; (ii) Fund Y pays interest at a force of interest t = 1/(t + 12); (iii) Ron deposited P into each fund; and (iv) at the end of 12 years, the accumulated amount in Fund X was 2000 and the accumulated amount in Fund Y was Z Determine Z.

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