Rodney opened an RRSP account into which he deposited $4000. He then deposited $5000 in 180 days

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Rodney opened an RRSP account into which he deposited $4000. He then deposited $5000 in 180 days and $6000 in 365 days. If the RRSP was earning 4% compounded daily, calculate the accumulated value of his investments 730 days from the initial deposit.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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