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Shane invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 6 years it earned interest at
Shane invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 6 years it earned interest at a rate of 3.80% compounded semi-annually and for the next 5 years it earned interest at a rate of 6.70% compounded semi-annually. a. Calculate the accumulated value of her investment at the end of the first 6 years. O $58,035.22 O $58,776.77 O $25,340.15 O $25,821.61 b. Calculate the accumulated value of her investment at the end of 11 years. O $58,035.22 O $58,776.77 O $48,698.90 O $25,821.61
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