If Hans contributes $1500 to his RRSP on February 1, 1990, and every six months thereafter, up

Question:

If Hans contributes $1500 to his RRSP on February 1, 1990, and every six months thereafter, up to and including February 1, 2017, what amount will he accumulate in the RRSP by August 1, 2017? Assume that the RRSP will earn 8.5% compounded semiannually. How much of the total will be earnings?

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