Question
Brittany opened an RRSP account and deposited $1,300.00 into it. She then deposited $700.00 at the end of the 1st year and $675.00 at the
Brittany opened an RRSP account and deposited $1,300.00 into it. She then deposited $700.00 at the end of the 1st year and $675.00 at the end of the 2nd year, into the account. The RRSP was earning 2.30% compounded quarterly. What is the accumulated value of the investment at the end of 5 years ?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
