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Farmer Joe saved for the purchase of a new piece of farm equipment by making deposits of 1000 at the end of each year for

Farmer Joe saved for the purchase of a new piece of farm equipment by making deposits of 1000 at the end of each year for eight consecutive years. The savings account earned interest of 6.85% compounded annually   At the end of the 8 year contribution period the total deposit was left for a further six years earning interest at 5.5% compounded semi annually. 


How much was in the account at the end of the 14 year period.

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