Cameron invested $1,700 at the beginning of every 6 months in an RRSP for 11 years. For the first 6 years it earned interest at a rate of 4.10% compounded semi-annually and for the next 5 years it earned interest at a rate of 6.80% compounded semi-annually.

a. Calculate the accumulated value of his investment at the end of the first 6 years.

$52,449.00

$53,123.95

$22,864.77

$23,333.49

b. Calculate the accumulated value of her investment at the end of 11 years.

$52,449.00

$53,123.95

$43,859.88

$23,333.49

c. Calculate the amount of interest earned from the investment.

$15,723.95

$15,049.00

$12,197.56

$3,526.39