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Solve Tracy’s problem of how often to go to the ATM when the nominal interest rate on her bank account is 10 percent, she spends $30 each day, it costs her $0.50 each time she uses the ATM, and she thinks that there is a 15 percent chance that she will lose here cash or have it stolen. Under these conditions, how often doesTracygo to the ATM, and how much cash does she take out each time?
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