Raisel invested $5,000 in a high-interest savings account for 4.5 years. Initially the interest rate was 3% Scor compounded semi-annually. After 1 years the bank

Raisel invested $5,000 in a high-interest savings account for 4.5 years. Initially the interest rate was 3% Scor compounded semi-annually. After 1½ years the bank raised the interest rate on the savings account to 4.25% compounded quarterly. What would the balance of the savings account be after the full 4.5 years? Calculate.