ionel invested $2,200 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at a rate of 3.60% compounded semi-annually and for the next 3 years it earned interest at a rate of 6.40% compounded semi-annually.

.Calculate the accumulated value of his investment at the end of the first 8 years.

$63,955.04

$64,412.71

$40,375.56

$41,102.32

b.Calculate the accumulated value of her investment at the end of 11 years.

$63,955.04

$64,412.71

$55,862.14

$41,102.32

c.Calculate the amount of interest earned from the investment.

$16,012.71

$15,555.04

$14,452.89

$1,559.82