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rev | Admin | (Created page with "Company Q invests X at the end of each year for 25 years at an annual effective interest rate of 9%. Company R invests 100 at the end of each year for 25 years at an annual effective interest rate of 9%, but, at the end of each year, the interest earned is reinvested at an annual effective interest rate of 8%. Immediately after the 25th payment, Company R’s total investment, including the reinvested interest, has the same value as Company Q’s investment. Calculate X...") | Nov 18'23 at 11:50 | +605 |