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Nicholas deposited $600 at the end of every month into an RRSP for 7 years. The interest rate earned was 5.50% compounded semi-annually for the

Nicholas deposited $600 at the end of every month into an RRSP for 7 years. The interest rate earned was 5.50% compounded semi-annually for the first 2 years and changed to 5.75% compounded monthly for the next 5 years. What was the accumulated value of the RRSP at the end of 7 years

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