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Mrs. Eusanio contributed $1250 to her RRSP at the end of every three months for 15 years. The funds earned 7% compounded quarterly for the

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Mrs. Eusanio contributed $1250 to her RRSP at the end of every three months for 15 years. The funds earned 7% compounded quarterly for the first 8 years and 8% compounded annually for the next 7 years. 1. Calculate the accumulated value of the RRSP after 15 years. Include a well- labelled timeline diagram. (8 marks) 2. How much interest did Mrs. Eusanio earn on her investment? (2 marks)

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