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Gabriel opened an RRSP deposit account on December 1,2008 , with a deposit of $2500. He added $2500 on August 1,2010 , and $2500 on
Gabriel opened an RRSP deposit account on December 1,2008 , with a deposit of $2500. He added $2500 on August 1,2010 , and $2500 on November 1 , 2012 . How much is in his account on January 1,2016 , if the deposit earns 8.8% 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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