Question
Monty expects to contribute $300 to his TFSA at the end of every month for the next five years. For the subsequent 10 years, he
Monty expects to contribute $300 to his TFSA at the end of every month for the next five years. For the subsequent 10 years, he plans to contribute $2000 at the end of each calendar quarter.
How much will be in his TFSA at the end of the 15 years if the funds earn 8% compounded semiannually?(Do not round intermediate calculations and round your final answer to 2 decimal places.)
Future value $:
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
