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7. You are given: i. Fund X accumulates an interest rate of 8% compounded quarterly; ii. Fund Y accumulates an interest rate of 6% compounded semiannually; and iii. At the end of 5 years, the amount in Fund X is twice that in Fund Y. Calculate the total amount in the two funds at the end of 2 years. a. 560 b. 570 C. 580 d. 590 e. 600 7. You are given: i. Fund X accumulates an interest rate of 8% compounded quarterly; ii. Fund Y accumulates an interest rate of 6% compounded semiannually; and iii. At the end of 5 years, the amount in Fund X is twice that in Fund Y. Calculate the total amount in the two funds at the end of 2 years. a. 560 b. 570 C. 580 d. 590 e. 600