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Lisa set up a savings plan with BMO whereby he deposits $326 at the end of each quarter for 3 year(s). Interest throughout the 3-year
Lisa set up a savings plan with BMO whereby he deposits $326 at the end of each quarter for 3 year(s). Interest throughout the 3-year time period is 2.12% compounded quarterly. The amount in his account at that time will become a term deposit withdrawable after a further 8 years, where interest changes to 4.42% compounded semi-annually. Calculate the total interest earned on the investment.
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