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invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a
invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 4.70% compounded semi-annually and for the next 2 years it earned interest at a rate of 6.30% compounded semi-annually.
a. Calculate the accumulated value of her investment at the end of the first 9 years. $56,594.72$56,845.67$41,968.34$42,954.60 b. Calculate the accumulated value of her investment at the end of 11 years. $56,594.72 $56,845.67$51,172.25 $42,954.60 c. Calculate the amount of interest earned from the investment. $15,045.67 $14,794.72 $14,428.02 $617.65
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