After contributing $2000 at the end of each quarter for 13 3/4 years, Foster has accumulated $151,147.22

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After contributing $2000 at the end of each quarter for 13 3/4 years, Foster has accumulated $151,147.22 in his RRSP. What effective rate of return was earned by the RRSP over the entire period?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:34 AM

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After contributing $2000 at the end of each quarter for 13 3/4 years, Foster has accumulated $151,147.22

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Fundamentals Of Business Mathematics In Canada

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