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You deposit $4000 in an account that pays 7% interest compounded semiannually. After 4 years, the interest rate is increased to 7. 12% compounded quarterly.

You deposit $4000 in an account that pays 7% interest compounded semiannually. After 4 years, the interest rate is increased to 7. 12% compounded quarterly. What will be the value of the account after a total of 8 years?

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