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Deposits of $200 are made at the end of every 3-months. The interest rate is j4 = 6% for the first 4-years (16 deposits) and

Deposits of $200 are made at the end of every 3-months. The interest rate is j4 = 6% for the first 4-years (16 deposits) and j4 = 5% thereafter. What is the accumulated value of the deposits, immediately after the 24th deposit?

A. $5711.91 B. $5258.25 C. $5632.99 D. $5703.40

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