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3. Please check my answers. Mr. Merkel has contributed $187.00 at the end of each month into an RRSP paying 3% per annum compounded quarterly
3. Please check my answers.
Mr. Merkel has contributed $187.00 at the end of each month into an RRSP paying 3% per annum compounded quarterly How much will Mr. Merkel have in the RRSP after 10 years? $ 26121.51 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) How much of the above amount is interest? $3681.51 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Step by Step Solution
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