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Detailed answer please 1. Find the accumulated value after 15 years of deposits of $360 made at the end of every 3 months and earning

Detailed answer please

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1. Find the accumulated value after 15 years of deposits of $360 made at the end of every 3 months and earning interest of 8.5% compounded quarterly [4 marks] 2. What nominal annual rate of interest compounded quarterly was paid if contributions of $250 made into RRSP at the end of every3 months amounted to $15559 after 10 years? [ 6 marks]

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