Two loans are granted. The first loan is granted at 7% p.a. compounded quarterly and is to be repaid by an amount of R5540 four years from now. The second loan is granted at 10% p.a. effective and is to be repaid eight years from now by an amount of R8463. If the situation changes and the two loans are both repaid six years from now, then the combined repayment amount (to the nearest cent) is equal to
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