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Fund A is invested at an annual effective interest rate of 3%. Fund B is invested at an annual effective interest rate of 2.5%. At
Fund A is invested at an annual effective interest rate of 3%.
Fund B is invested at an annual effective interest rate of 2.5%.
At the end of 20 years, the total in the two funds is 10,000. At the end of 31 years, the amount in Fund A is twice the amount in Fund B.
Calculate the total in the two funds at the end of 10 years.
-
5,73
-
6,602
-
7,472
-
7,569
-
8,123
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