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JING:
An investor puts 100 into fund X and 100 into fund Y. Fund Y earns compound interest at the annual rate of j > 0 and fund X earns simple interest at the annual rate of (1.05)j. At the end of 2 years, the amount in fund Y is equal to the amount in fund X. Calculate the amount in fund Y at the end of 5 years.
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hiiiii2221:
Find the value of J
hiiiii2221:
Simple interest= PTR/100
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