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Jordan invested $1,600 at the beginning of every 6 months in an RRSP for 11 years. For the first 5 years it earned interest at

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Jordan invested $1,600 at the beginning of every 6 months in an RRSP for 11 years. For the first 5 years it earned interest at a rate of 3.10% compounded semi-annually and for the next 6 years it earned interest at a rate of 5.50% compounded semi-annually. a. Calculate the accumulated value of his investment at the end of the first 5 years. $46,523.43$47,139.08$17,163.40$17,429.44 b. Calculate the accumulated value of her investment at the end of 11 years. $46,523.43$47,139.08$40,432.51$17,429.44 c. Calculate the amount of interest earned from the investment. $11,939.08$11,323.43$8,136.01$3,803.07 Since the birth of his daughter, 16 years ago, Prisha has deposited $125 at the beginning of every month into a Registered Education Savings Plan (RESP). The interest rate on the plan was 5.00% compounded monthly for the first 7 years and 4.30% compounded monthly for the next 9 years. a. What would be the accumulated value of the RESP at the end of 7 years? Round to the nearest cent b. What would be the accumulated value of the RESP at the end of 16 years? Round to the nearest cent c. What is the amount of interest earned during the 16 year period? Round to the nearest cent

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