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Samantha deposits $1,300 at the end of every 3 months in an RRSP that is earning 5.40% compounded semi-annually. For the RRSP to accumulate to
Samantha deposits $1,300 at the end of every 3 months in an RRSP that is earning 5.40% compounded semi-annually. For the RRSP to accumulate to $38,000, calculate the following: a. How many deposits will she have to make?! 0 Round up to the next whole number b. How long will she have to make these deposits? o years months Express the answer in years and months, rounded to the next payment period Next
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