400
Mrs.Gaynor opens a savings account and deposits $1000. The saving account gains 5% interest per year after 3 years, Mrs. Gaynor withdraws all of her money, and deposits it into another account with 6% interest per year. 2 year later she withdraws all her money.
How much money does Mrs. Gaynor have after this 5 year period?
After first 3 years= $1157.63
After 2 more years = $1300.71