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Gerry deposits $ 2 0 0 0 at the end of every 3 - month period in a fund earning interest at j 2 =

Gerry deposits $2000 at the end of every 3-month period in a fund earning interest at j2=8%. If the fund pays simple interest for the fractional part of any interest period, what is the accumulated value of Gerry's deposits at the end of 5 years?
Answer: $
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