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A credit union's Rate-Climber GIC pays rates of 4.0%,4.5%, and 5.0% compounded semiannually in successive years of a three-year term. What will be the maturity

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A credit union's Rate-Climber GIC pays rates of 4.0%,4.5%, and 5.0% compounded semiannually in successive years of a three-year term. What will be the maturity value of $32,000 invested in this GIC? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Maturity value

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