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Krystal wins $800,000 (after taxes) in the lottery and decides to invest half of it in a 10-year CD that pays 6.5% interest compounded monthly.
Krystal wins $800,000 (after taxes) in the lottery and decides to invest half of it in a 10-year CD that pays 6.5% interest compounded monthly. She invests the other half in a money market fund that unfortunately turns out to average 4.25% interest compounded annually over the 10-year period. How much money will she have altogether in the two accounts at the end of the 10-year period
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