Mai has been depositing $2000 into an RESP at the end of every three months to save

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Mai has been depositing $2000 into an RESP at the end of every three months to save for her daughter's education. If the RESP earns 6% compounded monthly, how long will it take for the investment to grow to $20,000?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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