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Monika started working at a local McDonald's on January 1, 2016. Every three months, she deposited $500 in her bank account, which earns 12 percent

Monika started working at a local McDonald's on January 1, 2016. Every three months, she deposited $500 in her bank account, which earns 12 percent annually but compounded quarterly. On December 31, 2020, she used the entire balance in her bank account to invest in an investment at 14 percent annually. How much will she have on December 31, 2022?

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