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Question 2 of 6 Kenneth contributed $1,875 at the end of every 3 months into an RRSP fund earning 3.75% compounded quarterly for 14 years.
Question 2 of 6 Kenneth contributed $1,875 at the end of every 3 months into an RRSP fund earning 3.75% compounded quarterly for 14 years. a. What is the future value of the fund at the end of 14 years? Round to the nearest cent b. What is the amount of interest earned over this period? Round to the nearest cent $0.00 Round to the nearest cent $0.00 Question 3 of 6 How much should Phillip have in a savings account that is earning 3.25% compounded semi-annually, if he plans to withdraw $2,400 from this account at the end of every six months for 11 years? $0.00
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