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Please solve this question with the help of formulas. Thank You!! What should be the balance in a Registered Retirement Income Fund (RRIF) that will

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Please solve this question with the help of formulas.

Thank You!!

What should be the balance in a Registered Retirement Income Fund (RRIF) that will provide $2,500 at the beginning of each quarter for 7 years, if the RRIF earns 4.75% compounded semi-annually? $59,311.92 X Round to the nearest cent

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