Glenn has made contributions of $250 at the end of every 3 months into an RRSP for 10 years. Interest for the first 10 years was 4% compounded quarterly.

a.) What is the amount in the RRSP after the first 10 years?

b.) After the first 10 years, Glenn stopped making contributions. The interest rate changed to 5% compounded monthly. How much will Glenn have in his RRSP three years after the last contribution ?

c.) Suppose Glenn then decides to withdraw the money from his RRSP. How much will he be able to withdraw in monthly amounts over the next 10 years?

*Solve it using BA ll plus calculator only.