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Let's suppose that we wish to have Nick and Pete put in place their accounts Using the exact same fascination rate (r) and compounding (n), and that after the same length of time (t), we would like the accounts to have the similar price (A). Detect the two variables not described in this circumstance up to now are the amount Nick will put into his banking account originally (P), his present price, and the size on the periodic payment of Pete's annuity (m).
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