Question: Calculate the amounts that will be accumulated after 20 years if: a. $1000 is invested at the end of every six months at 8.5% compounded

Calculate the amounts that will be accumulated after 20 years if:
a. $1000 is invested at the end of every six months at 8.5% compounded semiannually.
b. $2000 is invested at the end of every year at 8.5% compounded annually.

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