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2. (8 marks) In January 2008, you invested in an RRSP that is compounded annually. The value of your investment is given by f(t) =

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2. (8 marks) In January 2008, you invested in an RRSP that is compounded annually. The value of your investment is given by f(t) = 2500(1.045), where t is the number of years since January 2008. (a) What was your initial investment? (b) What is your annual interest rate? (c) How much was your RRSP worth in January, 2012? (d) When will the value of your RRSP be double the initial investment

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