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Megan invests $1, 500 at the end of each year into an account earning 2% effective annual interest. She reinvests the interest earned at the

Megan invests $1, 500 at the end of each year into an account earning 2% effective annual interest. She reinvests the interest earned at the end of each year into a second account that will earn her 8% effective annual interest. How much is in the second account after 30 years?

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Year 0 1 2 3 29 30 Amount in ... 1st account Amount deposited ... into 2nd account

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