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Amanda opened an RRSP account and deposited $ 1 , 0 0 0 . 0 0 into it . She then deposited $ 5 0

Amanda opened an RRSP account and deposited $1,000.00 into it. She then deposited $500.00 at the end of the 1st year and $625.00 at the end of the 2nd year, into the account. The RRSP was earning 2.40% compounded quarterly. What is the accumulated value of the investment at the end of 7 years ?

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