Question 2 (1 point) Saved An amount of $1000 is placed into an account at the beginning of year 2000 and gains interes using the new money method. Immediately after each year's interest is credited, the total amount is withdrawn from the account and in the next instant is placed back in. Find the accumulated value of the money after 3 years using the table below. Calendar Year of Original Investment Investment Year Rates (%) Portfolio Rate (%) 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 5.00 4.50 5.50 6.00 6.50 6.25 7.25 7.25 7.00 7.50 8.00 5.25 5.00 5.75 6.25 6.75 6.00 7.00 7.50 7.25 7.75 8.25 5.75 5.00 6.25 6.50 7.00 6.25 6.75 7.50 7.75 8.00 6.00 5.25 6.00 6.75 6.75 7.00 6.50 7.75 7.75 7.50 5.25 4.75 6.00 6.50 6.60 6.70 7.00 7.30