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Lee wants to know how much he will have available to spend on his trip to Costa Rica in 2 years if he deposits $3,250

Lee wants to know how much he will have available to spend on his trip to Costa Rica in 2 years if he deposits $3,250 today in his Tax-Free Savings Account (TFSA) at an interest rate of 6% compounded quarterly?

Points: 1

$3,578.02
$3,661.10
$3,879.90
$4,210.90
$3,483.32

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