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After starting her new career on New Years Eve at age 20, Tessa decides to start saving up her money. Every 2 weeks she takes
After starting her new career on New Years Eve at age 20, Tessa decides to start saving up her money. Every 2 weeks she takes $30 from her paycheck and puts it in a tax free savings account (TFSA). The interest rate is 1.6% per year compounded annually. a. How much will her TFSA be worth on New Year's when she is 30 years old?
After starting her new career on New Years Eve at age 20, Tessa decides to start saving up her money. Every 2 weeks she takes $30 from her paycheck and puts it in a tax free savings account (TFSA). The interest rate is 1.6% per year compounded annually. a. How much will her TFSA be worth on New Year's when she is 30 years old?
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