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Michael made equal deposits at the beginning of every 3 months into an RRSP. At the end of 9 years, the fund had an accumulated
Michael made equal deposits at the beginning of every 3 months into an RRSP. At the end of 9 years, the fund had an accumulated value of $45,000. If the RRSP was earning 4.25% compounded monthly, what was the size of the quarterly deposits?
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