Question
1. Robert contributed $4,125 at the end of every 3 months into an RRSP fund earning 2.83% compounded quarterly for 13 years. a. What is
1. Robert contributed $4,125 at the end of every 3 months into an RRSP fund earning 2.83% compounded quarterly for 13 years.
a. What is the future value of the fund at the end of 13 years?. (Round to the nearest cent)
b. What is the amount of interest earned over this period?. (Round to the nearest cent)
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Advanced Financial Risk Management Enterprise Wide Risk Management In Theory And Practice
Authors: Donald Van Deventer, Kenji Imai, Mark Mesler
3rd Edition
1547416157, 9781547416158
