Herb has made contributions of $2,020 to his RRSP at the end of every 3 months for the past 7 years. The plan has earned 8.20% compounded quarterly. He has just moved the funds to another plan that earns 8.50% compounded semi-annually. He will now contribute $1,570 at the end of every 6 months. What total amount will Herb have in the plan 9 years from now?
For full marks your answer(s) should be rounded to the nearest cent.