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| rev | Admin | (Created page with "Eric deposits X into a savings account at time 0, which pays interest at a nominal rate of i, compounded semiannually. Mike deposits 2X into a different savings account at time 0, which pays simple interest at an annual rate of i. Eric and Mike earn the same amount of interest during the last 6 months of the 8th year. Calculate i. <ul class="mw-excansopts"> <li>0.095</li> <li>0.1</li> <li>0.125</li> <li>0.127</li> <li>0.131</li> </ul> '''References''' {{cite web |ur...") | Nov 26'23 at 17:19 | +684 |