Question: 2) Fund X earns if12) = 6% interest, while Fund Y carus (121 - 3% interest and both start off with no money in them).

2) Fund X earns if12) = 6% interest, while Fund Y carus (121 - 3% interest and both start off with no money in them). You deposit $1000 into fund X at the end of each month for 20 years and at the end of each month, withdraw the month's interest and deposit it into fund Y. Find the accumulated value in fund Y at the end of the 20 years. Also fill in the following table 0 2 3 4 239 210 Month Amount in Ist account Amount deposited into 2nd account
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