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Steven is just born. His parents want him to go to university at age 18 close to home. They open an RESP for him today
Steven is just born. His parents want him to go to university at age 18 close to home. They open an RESP for him today and contribute RESP contributions each year until age 17 to maximize the CESG grant. How much CESG and RESP contributions will he have by the time Steven turns 17?
$54,000
$42,000
$50,000
$49,700
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