Shaniqua invests$1000 at the beginning of each year for 12 years in a fund earning 4% effective. She withdraws the interest earned at the end of each year and reinvest it in another fund earning 7% effective.

How much does Shaniqua have in total at the end of 12 years?

Shaniqua invests $1000 at the beginning of each year for 12 years in a fund earning 4% effective. She withdraws the interest earned at the end of each year and reinvest it in another fund earning 7% effective. How much does Shaniqua have in total at the end of 12 years? Possible Answers