Question
1. You invested $1,000 into an investment account on Jan. 1 of 2019. You also invested another $1,000 into the same account on Jan. 1
1. You invested $1,000 into an investment account on Jan. 1 of 2019. You also invested another $1,000 into the same account on Jan. 1 of 2020. Each investment is expected to grow by 5% per year. If this plans works out as expected, what amount of cash in total will you be able to withdraw from the account on Dec. 31 of 2020? Provide your answer to the nearest dollar. Please do not put "$" or "," in your answer. If, for example, your answer is $1,234.56, just put 1235 for your answer.
2. Your investment of $10,000 made two years ago grew in the first year by 12%; and then declined, in the second year, by 6%. Determined the current amount of your investment now. Put your answer in the nearest dollar; and do not include "$" or "," in your answer. For example, if your answer is $15,000; then just put 15000 for your answer.
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