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Jared deposited $800 at the end of every month into an RRSP for 8 years. The interest rate earned was 4.50% compounded semi-annually for the
Jared deposited $800 at the end of every month into an RRSP for 8 years. The interest rate earned was 4.50% compounded semi-annually for the first 2 years and changed to 4.75% compounded monthly for the next 6 years. What was the accumulated value of the RRSP at the end of 8 years? Round to the nearest cent
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