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Rida has decided to set up an RESP for her daughter in which she will make deposits for the next eighteen years. She plans to

Rida has decided to set up an RESP for her daughter in which she will make deposits for the next eighteen years. She plans to contribute $500 quarterly and makes her first deposit today, with her money earning 6% compounded quarterly. What is the future value of the RESP in 18 years

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