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Harlan made equal payments at the end of each month into his RRSP. If interest in his account is 10.3% compounded semi-annually, and the balance

Harlan made equal payments at the end of each month into his RRSP. If interest in his account is 10.3% compounded semi-annually, and the balance after seven years is $16,000, what is the size of the monthly payment?

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