Question
Robert opened an RRSP deposit account on December 1, 2008, with a deposit of $1800. He added $1800 on November 1, 2010, and $1800 on
Robert opened an RRSP deposit account on December 1, 2008, with a deposit of $1800. He added $1800 on November 1, 2010, and $1800 on July 1, 2012. How much is in his account on January 1, 2016, if the deposit earns 5.2% p.a. compounded monthly?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
