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$16,000 is deposited into an account earning 3% effective annual interest. At the end of each year, the interest earned in that ear plus an

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$16,000 is deposited into an account earning 3% effective annual interest. At the end of each year,

the interest earned in that ear plus an additional $400 is withdrawn from this account and put into

another account earning 4% effective annual interest. Find the accumulated value in the second account

after 40 ears (when the first account is completelv depleted.)

Also, Ill in the following table

3) 816, DW) is depo-ited into an arxount earnites 3% eflective anmual intereot. At the end of each year, the interet earned in that year plus an adiditional $100 is witbdrawn from this aceotat and put into another account sarning 45 effective anmual interest. Fiad the accummated vilue in the second acoount after 40 yesrs (when the Eirst axcome is completely depleted.) Mase fill in the following tahle for, redraw the table on your solution sheet being handod and and fill it in)

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