Question
If Gayle contributes $1,100 to her RRSP at the end of every quarter for the next 12 years and then contributes $1,100 at each months
| If Gayle contributes $1,100 to her RRSP at the end of every quarter for the next 12 years and then contributes $1,100 at each months end for the subsequent 13 years, how much will she have in her RRSP at the end of the 25 years? Assume that the RRSP earns 8.6% compounded semiannually. (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| Gayle will have | $ |
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Chains Of Finance How Investment Management Is Shaped
Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova
1st Edition
0198802943, 978-0198802945
