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A man makes annual deposits into a registered retirement savings plan (RRSP) of $5000, first deposit at age 30 and last deposit at 55, and

A man makes annual deposits into a registered retirement savings plan (RRSP) of $5000, first deposit at age 30 and last deposit at 55, and another deposit of $10,000 at age 58. Which of the following equations will give the correct accumulated value of his RRSP at age 60? (note: i = j1)

A. (5000 + 10,000) (1 + i)2

B. 5000 (1 + i)5 + 10,000 (1 + i)2

C. (5000 + 10,000) (1 + i)2

D. 5000 (1 + i)5 + 10,000 (1 + i)2

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