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A person deposits$10000 at 12% compounded quarterly. Three years after he makes the first deposit, he adds another $20000, also at 12 %, compounded quarterly.

A person deposits$10000 at 12% compounded quarterly. Three years after he makes the first deposit, he adds another $20000, also at 12 %, compounded quarterly.

What total amount will he have 5 years after his first deposit?

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