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1. Annual contributions of $1000 will be made to a TFSA for 25 years. The contributor expects investments within the plan to earn 7% compounded
1. Annual contributions of $1000 will be made to a TFSA for 25 years. The contributor expects investments within the plan to earn 7% compounded annually. What will the TFSA be worth after 25 years if the contributions are made: a. At the end of each year? 3. What is the future value of $ 100 invested at the beginning of every month for 25 years if the investments earn: a. 4% compounded monthly? 5. Tanysha plans to invest $10,000 at the beginning of each year for the next 14 years. If her invested funds earn 5.1% compounded annually, what will be the total accumulated value of her investment after 14 years
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