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Nathan deposits $495.00 every month into his son's RESP for the next ten years until his son goes to college. Nathan's son will receive quarterly

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Nathan deposits $495.00 every month into his son's RESP for the next ten years until his son goes to college. Nathan's son will receive quarterly payments from the RESP for the four years he is in college. If the RESP earns interest at a rate of 4.70% compounded monthly: a. What will be the RESP savings when his son goes to college? E Round to the nearest cent b. Find the size of the quarterly payments Nathan's son will receive

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