Question
Respond to the two questions below assuming the following: Maria is 19 years old as of November 2021. She puts $12,000 into her Tax-Free Savings
Respond to the two questions below assuming the following: Maria is 19 years old as of November 2021. She puts $12,000 into her Tax-Free Savings Account (TFSA) and purchases this fund . The fund does exceptionally well in one month and grows to $17,000 by December 2021. If she withdraws the $17,000 from her TFSA in December 2021,
how much can she re-contribute to her TFSA?
At what date can she do so?
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Principles Of Financial Modelling Model Design And Best Practices Using Excel And VBA
Authors: Michael Rees
1st Edition
111890401X, 978-1118904015
