The eco aining 161:15 ate Progression med out of 18 Santo plans to invest his money for 10 years for his son's university education. His son Brian is 10 years old and plans on attending Concordia when he is 20 years old. Santo has just deposited $20,000 into his Tax- Free Savings Account (TFSA). He expects to earn a rate of 4s, compounded monthly for the first 6 years, and 3.5%, compounded quarterly thereafter. How much money will Santo have in 10 years? uestions A $25,099 B $27,411 C $26.908 D $28,437 E $29,216 19 Tax occurs when taxpayers legally apply tax law to reduce or eliminate taxes payable in ways that the Canada Revenue Agency (CRA) considers potentially abusive of the spirit of the income Tax Act Gube