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For questions 910, draw an annuity timeline and determine the annuity type. 10. A new RRSP is set up with monthly contributions of $300 for
For questions 910, draw an annuity timeline and determine the annuity type.
10. A new RRSP is set up with monthly contributions of $300 for five years earning 9% compounded semi-annually. The RRSP will have $22,695.85 when complete. The first payment is today.
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