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Suppose that you have placed money in 2 Funds: Fund A and Fund B. Fund A accumulates at 9% effective and Fund B at 8% effective. At the end of 10 years, the total of the two funds is 52,000. At the end of 8 years, the amount in Fund B is three times that in fund A. How much is in Fund A after 15 years?

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Financial Management, Finance

Category:- Financial Management
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