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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
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 years interest and deposit it into Fund Y . Find the accumulated value in Fund Y at the end of the 20 years. please dont use excel to solve
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