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1 Alexander contributed $3,000 at the end of every 3 months into an RRSP fund earning 2.19% compounded quarterly for 10 years. (a) What is
1 Alexander contributed $3,000 at the end of every 3 months into an RRSP fund earning 2.19% compounded quarterly for 10 years. (a) What is the future value of the fund at the end of 10 years? $ Round to the nearest cent (b) What is the amount of interest earned over this period? $ Round to two decimal places
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Financial Information Analysis 2e
Authors: Philip ORegan
2nd Edition
0470865725, 978-0470865729
