Question
jill invests $250 per month into her Tax-Free Savings Account which earns an average of 5.5% compounded annually. If she has $10,000 in the TFSA
jill invests $250 per month into her Tax-Free Savings Account which earns an average of 5.5% compounded annually. If she has $10,000 in the TFSA today, how much will she have in total by the end of 10 years?
a. $56,671.79
b. $39,876.90
c. $57,187.66
d. $49,876.90
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The Euro A Challenge And Opportunity For Financial Markets Routledge International Studies In Money And Banking
Authors: Michael Artis , Elizabeth Hennessy, Axel Weber
1st Edition
0415217105, 978-0415217101
