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Victor French made deposits of $ 5 , 7 0 0 at the end of each quarter to Book Bank, which pays 8 % interest

Victor French made deposits of $

5, 700

at the end of each quarter to Book Bank, which pays

8 %

interest compounded quarterly. After

4

years, Victor made no more deposits. What will be the balance in the account

3

years after the last deposit?

(

Do not round intermediate calculations. Round your answer to the nearest cent.

)

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