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Question 1 [ 5 points ] For the past 2 1 years, Eric has contributed $ 6 6 0 to his RRSP at the beginning
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For the past years, Eric has contributed $ to his RRSP at the beginning of every month. The plan earned compounded quarterly for the first years and compounded monthly for the subsequent years. What is the value of his RRSP today? Assume Eric did not make a payment today. For full marks your answers should be rounded to the nearest cent.
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