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Nicholas contributed $1,800 at the end of every 3 months into an RRSP fund earning 2.43% compounded quarterly for 15 years. a. What is the
Nicholas contributed $1,800 at the end of every 3 months into an RRSP fund earning 2.43% compounded quarterly for 15 years.
a. What is the future value of the fund at the end of 15 years?
Round to the nearest cent
b. What is the amount of interest earned over this period?
Round to the nearest cent
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