Question: Ryan invests $10,000 in a fund earning 3% effective. He withdraws the interest earned at the end of each year and reinvest it in another

Ryan invests $10,000 in a fund earning 3% effective. He withdraws

Ryan invests $10,000 in a fund earning 3% effective. He withdraws the interest earned at the end of each year and reinvest it in another fund earning 8% effective. How much does Ryan have in total at the end of 16 years

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