Question
Allison opened an RRSP account and deposited $4,200.00 into it. She then deposited $600.00 at the end of the 1st year and $525.00 at the
Allison opened an RRSP account and deposited $4,200.00 into it. She then deposited $600.00 at the end of the 1st year and $525.00 at the end of the 2nd year, into the account. The RRSP was earning 3.70% compounded quarterly. What is the accumulated value of the investment at the end of 4 years ?
Round to the nearest cent
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Urban Infrastructure Finance And Management
Authors: K. Wellman, Marcus Spiller
1st Edition
0470672188, 978-0470672181
