Question: A compound-interest GIC will earn 5% compounded annually for the first two years and 6% compounded any for the years of its five-year term. What

 A compound-interest GIC will earn 5% compounded annually for the first

A compound-interest GIC will earn 5% compounded annually for the first two years and 6% compounded any for the years of its five-year term. What will be the maturity value of $3000 invested in this GIC? (Do not round the new Round your answer to the nearest cent.) Maturity value

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