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Gabriel opened an RRSP deposit account on December 1, 2008, with a deposit of $1700. He added $1700 on December 1, 2010, and $1700 on
Gabriel opened an RRSP deposit account on December 1, 2008, with a deposit of $1700. He added $1700 on December 1, 2010, and $1700 on February 1, 2012. How much is in his account on March 1, 2016, if the deposit earns 7.2% p.a. compounded monthly?
The amount in the account is $____
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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