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Problem #2: John Mullins, always the sharp deal finder, decided to take the $20,000 h won in a lottery and invests into an account that

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Problem #2: John Mullins, always the sharp deal finder, decided to take the $20,000 h won in a lottery and invests into an account that pays interest at 6% compounded annually for 8 years. After those 8 years are over, he empti the account and invested it all into another account that paid 8% compounded quarterly for 6 years. Use the table on page 377. a) Find the amount that he has available for withdrawal at the end of years. b) Had he not moved the money and kept using the first account for entire 14 years, how much would have been available for withdra

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