To save for their retirement in 25 years in the future, a couple plan to make equal payments into a Registered Retirement Saving Plan (RRSP) in a balanced mutual fund. How much would they have 25 years in their RRSP account based on the following scenarios?

Question 31 (1 point)

Biweekly payments of $125 (assuming 6 percent compounded biweekly)? (1 mark)

Question 31 options:

	$175,674.85
	$178,200.56
	$188,606.58
	$186,324.88
	$227,591.69

Question 32 (1 point)

Monthly payment of $300 (assuming 5.5 percent compounded monthly)? (1 mark)

Question 32 options:

	$162,687.69
	$166,521.53
	$193,494.03
	$253,183.39
	$197,402.25

Question 33 (1 point)

Annual payments of $4,000 (assuming 5.5 percent compounded annually)? (1 mark)

Question 33 options:

	$205,677.72
	$232,196.76
	$235,431.45
	$215,863.92
	$226,657.12

Question 34 (1 point)

Weekly payments of $65 (assuming 7 percent compounded weekly)? (1 mark)

Question 34 options:

	$229,561.19
	$192,711.89
	$201,274.20
	$198,230.44
	$245,932.24