Question
John started a registered retirement savings plan on January 1, 2008, with a deposit of $5000. He added $3500 on January 1, 2009, and $7500
John started a registered retirement savings plan on January 1, 2008, with a deposit of $5000. He added $3500 on January 1, 2009, and $7500 on January 1,2010. What is the accumulated value of his RRSP account on July 1, 2010, if interest is 9% compounded quarterly?
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Corporate Finance Reader
Authors: Robert W. Kolb
2nd Edition
1878975536, 978-1878975539
