Liam has $30,000 in his RRSP account and wants this to accumulate to $250,000. The account is

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Liam has $30,000 in his RRSP account and wants this to accumulate to $250,000. The account is earning 6.1% compounded semi-annually and he plans to deposit $2500 at the beginning of every six months into this account. How long will it take to achieve his goal?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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