Joe Cool has the following investment portfolio: 1. At the end of each month, for the past 10 years, he has bought $250 worth of RSPs, with an average annual interest rate of 5.1%, compounded annually. 2. He has a $15 000 GIC, with a 10-year term, that he purchased 10 years ago and earned 4.5% compounded monthly. 3. He has a trust account that was set-up 32 years ago with a single deposit of $6000. The trust fund earned an average of 4.7%, compounded semi-annually. He then intends to redeem everything and then reinvest all the money into a 5-year bond that earns 3.9% compounded annually. How much will his entire portfolio be worth in 5 years' time? Joe Cool has the following investment portfolio: 1. At the end of each month, for the past 10 years, he has bought $250 worth of RSPs, with an average annual interest rate of 5.1%, compounded annually. 2. He has a $15 000 GIC, with a 10-year term, that he purchased 10 years ago and earned 4.5% compounded monthly. 3. He has a trust account that was set-up 32 years ago with a single deposit of $6000. The trust fund earned an average of 4.7%, compounded semi-annually. He then intends to redeem everything and then reinvest all the money into a 5-year bond that earns 3.9% compounded annually. How much will his entire portfolio be worth in 5 years\" time? mgrw www.interestcalc.org