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CALCULATING THE FUTURE VALUE OF A SIMPLE ANNUITY DUE To the nearest dollar, how much will Stan accumulate in his RRSP by age 60 if
CALCULATING THE FUTURE VALUE OF A SIMPLE ANNUITY DUE To the nearest dollar, how much will Stan accumulate in his RRSP by age 60 if he makes semiannual contributions of $2000 starting on his 27 th birthday? Assume that the RRSP earns 8% compounded semiannually and that no contribution is made on his 60 th birthday
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