Springdale junior high has two students, ashley and taylor, that qualified for the regional track meet in the 800 meter dash. the final race has only four spots available. both ashley and taylor earned a spot in the final.

At the beginning of 1974/75,2 years a man invested #2000 in a bank at 12.5% compound interest, if it degree #650 at the end of each two years to pay his son's school fees, after payment of interest to pay his son's school fees, how much did he have left at the beginning of the 1978/79 school year?