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8. A deposit of $12000 earns interest at 7.5% p.a. compounded quarterly. After two-and-a-half years, the interest rate is changed to 3% compounded monthly. How

8. A deposit of $12000 earns interest at 7.5% p.a. compounded quarterly. After two-and-a-half years, the interest rate is changed to 3% compounded monthly. How much is the account worth after 6 years

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