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Michael deposited $600 at the end of every month into an RRSP for 8 years. The interest rate earned was 3.75% compounded semi-annually for the

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Michael deposited $600 at the end of every month into an RRSP for 8 years. The interest rate earned was 3.75% compounded semi-annually for the first 4 years and changed to 4.00% compounded monthly for the next 4 years. What was the accumulated value of the RRSP at the end of 8 years

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