Paul has bought a $7,500 5-year GIC at the beginning of 2015 that earns 1.4% annual interest rate compounded semi-annually. He also puts $85 in a savings account at the beginning of every month, starting in January 2015, that earns 1.92% annual interest rate compounded monthly Calculate the value of the investment at the beginning of January 2020 before he makes his monthly savings account deposit.