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Noreens RRSP is currently worth $125,000. She plans to contribute for ten years and then let the plan continue to grow for an additional five

  • Noreen’s RRSP is currently worth $125,000. She plans to contribute for ten years and then let the plan continue to grow for an additional five years. If the RRSP earns 8% compounded annually, how much must she contribute at the end of every six months during the ten-year period to have $500,000 in the RRSP 15 years from now?

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