Question 1139085
{{{ A[1] = 350000*( 1 + .0524/4 )(4*5) }}}
{{{ A[1] = 350000*1.0131^20 }}}
{{{ A[1] = 350000*2.21527 }}}
{{{ A[1] = 775344.5 }}}
and
{{{ A[2] = 350000*( 1 + .025/1 )^( 1*5 ) }}}
{{{ A[2] = 350000*1.025^5 }}}
{{{ A[2] = 395992.87 }}}
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{{{ A[1] + A[2] = 775344.5 + 395992.87 }}}
{{{ A[1] + A[2] = 1171337.38 }}}
$1,171,337.38 in both accounts after 5 yrs