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Shelby made equal deposits at the beginning of every 3 months into an RRSP. At the end of 9 years, the fund had an accumulated
Shelby made equal deposits at the beginning of every 3 months into an RRSP. At the end of 9 years, the fund had an accumulated value of $55,000. If the RRSP was earning 3.50\% compounded monthly, what was the size of the quarterly deposits? Round to the nearest cent
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Forecasting Principles And Practice
Authors: Rob J Hyndman, George Athanasopoulos
1st Edition
0987507109, 978-0987507105
