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Evan invested $2,100 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at

Evan invested $2,100 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 4.60% compounded semi-annually and for the next 2 years it earned interest at a rate of 6.70% compounded semi-annually.

a. Calculate the accumulated value of her investment at the end of the first 9 years. (choose the correct answer)

a. $62,729.32

b. $63,025.17

c. $46,179.88

d. $47,242.01

b. Calculate the accumulated value of her investment at the end of 11 years. (choose the correct answer)

a. $62,729.32

b. $63,025.17

c. $56,369.47

d. $47,242.01

c. Calculate the amount of interest earned from the investment. (choose the correct answer)

a. $16,825.17

b. $16,529.32

c. $16,097.71

d. $727.46

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