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2) Fund X earns 5% effective annual interest, while Fund Y earns 7% effective annual interest (and both start off with no money in them).

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2) Fund X earns 5% effective annual interest, while Fund Y earns 7% effective annual interest (and both start off with no money in them). You invest $500 into fund X at the end of each year for 20 years and at the end of each year, withdraw the year's interest and deposit it into Fund Y. Find the accumulated value in Fund Y at the end of the 20 years

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