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A deposit of $17 000 earns interest at 3% p.a. compounded quarterly. After 2 years and 6 months, the interest rate is changed to 2.75%

A deposit of $17 000 earns interest at 3% p.a. compounded quarterly. After 2 years and 6 months, the interest rate is changed to 2.75% compounded monthly. How much will be the account balance 6 years after the rate change? $Blank 1

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