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(a) Ruby did an update of her RSP on her 25th birthday and has accumulated $13217. She is now changing her plan to make end

(a) Ruby did an update of her RSP on her 25th birthday and has accumulated $13217. She is now changing her plan to make end of month deposits of $131 until age 60. The plan is expected to earn 4.3% compounded monthly. At the age of 60, how much money will Ruby have in her RRSP?

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What is I/Y?

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What is P/Y?

What is PV?

What is PMT?

What is FV?

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