Question
Shayla is going to deposit $6,000 at the end of each year for 18 years into RRSP. Shayla will make no contributions but she will
Shayla is going to deposit $6,000 at the end of each year for 18 years into RRSP. Shayla will make no contributions but she will let the funds stay in RRSP for another 18years earning interest. The compounded annual interest rate is 6%. how much Shyla's RRSP be worth at the end of 40 years?
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Financial And Managerial Accounting
Authors: Nonso E Okpala
1st Edition
1634873904, 9781634873901
