Annuities are equal at effective rate of interest

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One annuity pays 4 at the end of each year for 36 years. Another annuity pays 5 at the end of each year for 18 years. The present values of both annuities are equal at effective rate of interest i . If an amount of money invested at the same rate i will double in n years, find n.

Reference no: EM131449056

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