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Carlos contributed $ 3 0 0 at the end of every 3 months into an RRSP fund earning 2 . 6 4 % compounded quarterly

Carlos contributed $

300

at the end of every

3

months into an RRSP fund earning

2.64 %

compounded quarterly for

12

years.

.

What is the future value of the fund at the end of

12

years?

Round to the nearest cent

.

What is the amount of interest earned over this period?

Round to the nearest cent

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