Gloria has just made her ninth annual $2000 contribution to her RRSP. She now plans to make
Question:
Gloria has just made her ninth annual $2000 contribution to her RRSP. She now plans to make semiannual contributions of $2000. The first contribution will be made six months from now. How much will she have in her RRSP 15 years from now if the plan has earned and will continue to earn 8% compounded quarterly?
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