Question
Peter deposits $1339 at the end of every 3 months in an RRSP that is earning 7.78% compounded annually. For the RRSP to accumulate
Peter deposits $1339 at the end of every 3 months in an RRSP that is earning 7.78% compounded annually. For the RRSP to accumulate to $42597, calculate the following: How many deposits will he have to make? Round up to the next whole number Answer: 4
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Contemporary Business Mathematics With Canadian Applications
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
12th Edition
0135285011, 978-0135285015
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