Question
Robert opened an RRSP deposit account on December 1, 2008, with a deposit of $1500. He added $1500 on December 1, 2010, and $1500 on
Robert opened an RRSP deposit account on December 1, 2008, with a deposit of $1500. He added $1500 on December 1, 2010, and $1500 on July 1, 2012. How much is in his account on November 1, 2016, if the deposit earns 7.3% p.a. compounded monthly?
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
