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Kindly assist me ASAP Question 1 a. Mr. Kinders has contributed $106.00 at the end of each year into an RRSP paying 4% per annum
Kindly assist me ASAP
Question 1 a. Mr. Kinders has contributed $106.00 at the end of each year into an RRSP paying 4% per annum compounded quarterly. i. How much will Mr. Kinders have in the RRSP after 15 years? ii. How much of the above amount is interest? b. Ariana has made deposits of $1080 at the end of every six months for six years. If interest is 5% compounded quarterly, how much will Arianna have accumulated nine years after the last depositStep by Step Solution
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