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Question 3 [5 points) For the past 26 years, Peter has contributed $7,680 to his RRSP at the end of every 12 months. The plan
Question 3 [5 points) For the past 26 years, Peter has contributed $7,680 to his RRSP at the end of every 12 months. The plan earned 7 90% compounded semi-annually for the first 11 years and 720% compounded annually for the subsequent 15 years. What is the value of his RRSP today? For full marks your answer(s) should be rounded to the nearest cent RRSP value - $ 0.00 Question 4 [5 points] Wasim plans to contribute 950 at the start of every quarter year to an investment that earns 6.25% compounded semi-annually. If Wasim starts contributing on his 41" birthday, how much will he accumulate by his 61st birthday Assume he doesn't make a contribution on his 61 birthday. For full marks your answer(s) should be rounded to the nearest cent Future value = $ 0.00
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