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jane deposits 1000 into a savings account paying nominal interest rate of 6 percent compounded...

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Finance

jane deposits 1000 into a savings account paying nominal interest rate of 6 percent compounded three times a year. She decides to deposit the same amount at the beginning of each third of the year for 20 years. The interest earned from this account is withdrawn at the end of each year only and reinvested into another account earning AEIR 8%. Find the accumulated value of Janes money in both accounts at the end of the 20 years.
No excel just using pv of arithmetic

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