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Kito opened an RRSP deposit account on December 1, 2008, with a deposit of $1600. He added $1600 on July 1, 2010, and $1600
Kito opened an RRSP deposit account on December 1, 2008, with a deposit of $1600. He added $1600 on July 1, 2010, and $1600 on April 1, 2012. How much is in his account on November 1, 2016, if the deposit earns 5.2% p. a. compounded monthly? The amount in the account is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Financial Accounting with IFRS Fold Out Primer
Authors: John Wild
5th edition
978-0077408770, 77408772, 978-0077413804
