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0 What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $2,000 at the beginning of each half-year for 7

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What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $2,000 at the beginning of each half-year for 7 years, if the RRIF earns 5.25% compounded monthly? Round to the nearest cent

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