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Randy opened an RRSP deposit account on December 1,2008 , with a deposit of $1300. He added $1300 on October 1,2010 , and $1300 on
Randy opened an RRSP deposit account on December 1,2008 , with a deposit of $1300. He added $1300 on October 1,2010 , and $1300 on October 1,2012 . How much is in his account on April 1,2016, if the deposit earns 8.3% p a compounded monthly? The amount in the account is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Bank Management Text And Cases
Authors: George H. Hempel, Alan B. Coleman, Donald G. Simonson
3rd Edition
