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A credit union's Rate-Climber GIC pays rates of 3.9%, 4.4%, and 4.9% compounded semiannually in successive years of a three-year term.What will be the maturity

A credit union's Rate-Climber GIC pays rates of 3.9%, 4.4%, and 4.9% compounded semiannually in successive years of a three-year term.What will be the maturity value of $31,000invested in this GIC?(Do not round intermediate calculations and round your final answer to 2 decimal places.)

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