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Question 4 of 15 Kayla contributed $2,625 at the end of every 3 months into an RRSP fund earning 2.98% compounded quarterly for 11 years.
Question 4 of 15 Kayla contributed $2,625 at the end of every 3 months into an RRSP fund earning 2.98% compounded quarterly for 11 years. a. What is the future value of the fund at the end of 11 years? $3,638.84 Round to the nearest cent b. What is the amount of interest earned over this period? LE $0.00 > Dondta thanaaracticant Question 7 of 15 Megan saved $270 at the end of every month for 6 years in her bank account that earned 3.70% compounded monthly. a. What is the accumulated value of her savings at the end of 6 years? $0.00 Round to the nearest cent b. What is the interest earned over the 6 year period? $0.00 Round to the nearest cent
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