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Martina has already accumulated $32,000 in her RRSP. She contributes $2,500 at the end of every six months for the next 12 years earning 6%
Martina has already accumulated $32,000 in her RRSP. She contributes $2,500 at the end of every six months for the next 12 years earning 6% compounded semiannual. Then she plans to alter her contributions to $400 at the end of every month for the subsequent eight years while earning 6% compounded monthly. How much interest will she have earned at the end of the 20 years? In order to be eligible for partial marks you must show your work. Remember you can expand the input window below by clicking and dragging the three diagonal lines in the bottom right corner. Round your final answer to 2 decimals. Paragraph v B I UA V Calculator Step 1 Step 2 (if needed) Step 3 (if needed) (Textbook) Variables I N (n) I/Y (j) PV PMT FV ***
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