1 point Advaith deposited a certain amount of money in a bank account with a variable interest rate. The account compounds interest quarterly. The interest rate remains 6% pa for the first six months, 8% pa for the next 12 months and remains at 12% pa thereafter. He receives 25000 at the end of five years. How much did he deposit initially? Note that the interest rates are the APR values. 14894.57 14984.57 18944.57 18494.57 O None of the above