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Kito opened an RRSP deposit account on December 1, 2008, with a deposit of $1400. He added $1400 on February 1, 2010, and $1400 on
Kito opened an RRSP deposit account on December 1, 2008, with a deposit of $1400. He added $1400 on February 1, 2010, and $1400 on August 1, 2012. How much is in his account on August 1, 2016, if the deposit earns 8.7% p.a. compounded monthly? The amount in the account is $1 1. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) eeded. Round all intermediate values to six decimal pk
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