You are given:\ i. Fund

x

accumulates at an interest rate of

8%

compounded quarterly.\ ii. Fund

Y

accumulates at an interest rate of

6%

compounded semiannually.\ iii. At the end of 10 years, the total amount in the two funds combined to

$1000

.\ iv. 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.

You are given: i. Fund X accumulates at an interest rate of 8% compounded quarterly. ii. Fund Y accumulates at an interest rate of 6% compounded semiannually. iii. At the end of 10 years, the total amount in the two funds combined to $1000. iv. 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