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Leena just had a baby girl! To save for her education, Leena deposits $600 today in an RESP* that pays 6% annually. She will deposit

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Leena just had a baby girl! To save for her education, Leena deposits $600 today in an RESP* that pays 6% annually. She will deposit another $600 every year on her daughter's birthday until she turns 18 (including her 18th). a) Is this an annnuity certain or a contingent annuity? (Click to select) b) Is this an annuity immediate or an annuity due? (Click to select) c) How many payments will Leena make? d) How much money will be in the RESP after her daughter's 18th birthday? (2 decimals) *RESP = Registered Education Savings Plan, basically a tax free savings account

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