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Bryan invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at
Bryan invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at a rate of 4.80% compounded semi-annually and for the next 3 years it earned interest at a rate of 5.70% compounded semi-annually. a. Calculate the accumulated value of her investment at the end of the first 8 years. -> $56,527.22 O $56,876.17 O $36,535.55 O $37,412.40 b. Calculate the accumulated value of her investment at the end of 11 years. O $56,527.22 $56,876.17 O $50,005.13 0 $37,412.40 c. Calculate the amount of interest earned from the investment. O $15,076.17 $14.727 22 O $15,076.17 $14,727.22 $13,883.44 O $1,192.73
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