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Timothy invested $1,400 at the end of every month into an RRSP for 8 years. The interest rate earned was 5.1% compounded semi-annually for the
Timothy invested $1,400 at the end of every month into an RRSP for 8 years. The interest rate earned was 5.1% compounded semi-annually for the first 5 years and changed to 4.8% compounded monthly for the next 3 years. What was the accumulated value of the RRSP at the end of 8 years
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