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Jack invested 2 4 0 0 0 into a three year variable compounded interest GIC. The semi annually compunded interest rate was 4 % for

Jack invested

24000

into a three year variable compounded interest GIC. The semi annually compunded interest rate was

4 %

for the first

15

months,

5 %

for the next

12

months, and

3 %

after that. What is the maturity value of jack GIC?

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