Question
Gabe opened an RRSP deposit account on December1, 2008, with a deposit of $1100. He added $1100 on March 1, 2010, and $1100 on September
Gabe opened an RRSP deposit account on December1, 2008, with a deposit of $1100. He added $1100 on March 1, 2010, and $1100 on September 1, 2012. How much is in his account on April 1, 2016, if the deposit earns 8.1% p.a. compounded monthly?
The amount in the account is ?
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Practical Financial Management
Authors: William R. Lasher
7th edition
128560721X, 9781133593669, 1133593682, 9781285607214, 978-1133593683
