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Simon deposited an amount of $ 6 , 5 0 0 in an account that accumulated at 1 4 . 2 5 % , compounded

Simon deposited an amount of $6,500 in an account that accumulated at 14.25%, compounded monthly for 4.5 years, after which he added an additional deposit of $1,250, and followed by another deposit of $850 a year after that. How much will he have accumulated after a total of 8 years? (S marks)t

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