(1) fund x accumulates at an interest rate of 8% compounded quarterly (2) fund y accumulates at an interest rate of 6% compounded semiannually (3) at the end of 10 years, the total amount in the two funds combined is 1000 (4) 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
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Category: science |
Author: Selma Yafa
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