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Nikolay wants to make annual contributions to his RRSP for the next 25 years. H will increase each annual payment by 4.5%, and the RRSP

Nikolay wants to make annual contributions to his RRSP for the next 25 years. H will increase each annual payment by 4.5%, and the RRSP can earn 9.3 compounded annually. If he wants to accumulate $250,000, what is the amount his first payment today

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