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Posted on Jul 23, 2024

Suppose Evan contributes $ 2 0 0 0 to his RRSP at the end of every quarter for the next 1 5 years and then

Suppose Evan contributes $

2000

to his RRSP at the end of every quarter for the next

15

years and then contributes $

1000

at each month's end for the subsequent

10

years. How much will he have in his RRSP at the end of the

25

years? Assume that the RRSP earns

8 %

compounded semiannually.

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