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full answers please! Kaileika is converting an RRSP balance of $450,000 into a RRIF. Kaileika wants to receive $2,494 at the beginning of each month

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Kaileika is converting an RRSP balance of $450,000 into a RRIF. Kaileika wants to receive $2,494 at the beginning of each month for 20 years. What nominal annual rate of interest compounded semi-annually is required? Round the answer (1/Y) to 2 decimal places. Choose BGN or END

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