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Question 5 of 13 Garrett's grandmother is depositing $1,200 at the end of each quarter into a RESP to save for Garrett's University education. The

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Question 5 of 13 Garrett's grandmother is depositing $1,200 at the end of each quarter into a RESP to save for Garrett's University education. The RESP earns interest at 4.00% compounded quarterly. Garrett will start university in five years at which time his grandmother will stop contributing. a. How much will grandmother have accumulated in the RESP in five years? $0.00 Round to the nearest cent b. How much can Garrett withdraw from his RESP at the end of each quarter for four years? 0 am Round to the nearest cent Next Question 1 &

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