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Mr. Maillet has contributed $129.00 at the end of each year into an RRSP paying 5% per annum compounded quarterly. How much will Mr. Maillet
Mr. Maillet has contributed $129.00 at the end of each year into an RRSP paying 5% per annum compounded quarterly.
How much will Mr. Maillet have in the RRSP after 12 years?
$____
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
How much of the above amount is interest?
$____
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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