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A demand loan of $4000.00 is repaid by payments of $2000.00 after two years, $2000.00 after four years, and a final payment after seven years.

A demand loan of $4000.00 is repaid by payments of $2000.00 after two years, $2000.00 after four years, and a final payment after seven years. Interest is 6%compounded quarterly for the first two years,7% compounded monthly for the next two years, and 7% compounded annually thereafter. What is the size of the final payment?

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