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Jay invested $2000 at the end of every year into an RRSP fund that pays 8% per year, compounded annually. Calculate the value of Jay's

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Jay invested $2000 at the end of every year into an RRSP fund that pays 8% per year, compounded annually. Calculate the value of Jay's investment ten years after he started investing in the fund. 3 $24 012.21 6 $20 610.79 $28 973.12 $13 420.16 Question 4 (1 point) In a Simple Interest Investment the principal amount is growing over time True O False

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