Question
Gabe opened an RRSP deposit account on December 1, 2008, with a deposit of $1000. He added $1600 on May 1, 2010, and $1600 on
Gabe opened an RRSP deposit account on December 1, 2008, with a deposit of $1000. He added $1600 on May 1, 2010, and $1600 on June 1, 2012. How much is in his account on October 1, 2016, if the deposit earns 7.3% p.a. compounded monthly?
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
