Question
Gabriel opened an RRSP deposit account on December 1, 2008, with a deposit of $1300. He added $1300 on February 1, 2010, and $1300 on
Gabriel opened an RRSP deposit account on December 1, 2008, with a deposit of $1300. He added $1300 on February 1, 2010, and $1300 on August 1, 2012. How much is in his account on October 1, 2016, if the deposit earns 7.8% p.a. compounded monthly?
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Financial Freedom
Authors: Timothy Turner
1st Edition
1801573573, 978-1801573573
