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Luoxana contributed $2,500.00 every six months into an RRSP for 25 years. What nominal annual rate of interest will the RRSP earn if the balance

Luoxana contributed $2,500.00 every six months into an RRSP for 25 years. What nominal annual rate of interest will the RRSP earn if the balance in Luoxana's account just after she made her last contribution was $500,000.00?

What is the nominal annual rate of interest compounded semi-annually?

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