Mathematics, 17.10.2021 15:30, pr47723

Louis deposited $15000 into his bank account 3 years ago. The bank offered a per annum interest of 2.9% compounded quarterly. After 1 year, he withdrew $5000 from his account. He did not make any other withdrawal afterwards. How much money does he have now in his bank account? Give your answer correct to 2 decimal places.

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