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MPLE 6 Solution Mrs. Simpson has deposited $3000 at the end of each year into her Regis- tered Retirement Savings Plan for the last 10
MPLE 6 Solution Mrs. Simpson has deposited $3000 at the end of each year into her Regis- tered Retirement Savings Plan for the last 10 years. Her investments earned J = 5% for the first 4 years and j, = 41% for the last 6 years. What is the value of her RRSP 5 years after the last deposit, assuming that her RRSP continues to earn j, = 41% for the 5-year period after the last deposit? We arrange the data on a time diagram holow
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