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A deposit of $5000 earns interest at 7% compounded quarterly for fouryears and five months. At that time, the interest rate changes to 6%compounded monthly.

A deposit of $5000 earns interest at 7% compounded quarterly for fouryears and five months. At that time, the interest rate changes to 6%compounded monthly. What is the value of the deposit three yearsafter the change in the rate of interest

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