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Saba gets a year-end bonus in December every year before Christmas. She plans to invest $1000 from the bonus at the end of every year
Saba gets a year-end bonus in December every year before Christmas. She plans to invest $1000 from the bonus at the end of every year into mutual funds RRSP, which are expected to grow at the rate of 8% compounded semi-annually. What will be the total value of her periodic investments after 25 years?
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Introduction To Corporate Finance
Authors: Laurence Booth, Sean Cleary
3rd Edition
978-1118300763, 1118300769
