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2. Peter has opened a registered retirement income fund (RRIF) with a starting balance of 300000 . Beginning 6 months later, he plans to make
2. Peter has opened a registered retirement income fund (RRIF) with a starting balance of 300000 . Beginning 6 months later, he plans to make semi-annual withdrawals from the RRIF for 25 years. The withdrawals will increase at a constant rate of 1.5%. If the RRIF earns 7% compounded semi-annually, how much is the amount of interest included in the total withdrawals
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