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RRSP Problem (PLEASE SHOW ALL WORK & FORMULAS) 14. Keiko has already accumulated $150,000 in her RRSP. She intends to continue to grow her RRSP

RRSP Problem (PLEASE SHOW ALL WORK & FORMULAS)

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14. Keiko has already accumulated $150,000 in her RRSP. She intends to continue to grow her RRSP by making contributions of $500 at the beginning of every month. How much will her RRSP be worth 15 years from now if the RRSP earns 8% compounded annually

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