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To start saving for retirement, Kristen opens an RRSP that earns interest at a rate of 3.4% compounded quarterly. Kristen makes deposits of $570 at
To start saving for retirement, Kristen opens an RRSP that earns interest at a rate of 3.4% compounded quarterly. Kristen makes deposits of $570 at the end of every quarter for twelve years. At the end of the twelve years, Kristen switches her deposits to $220 at the end of every month for 18 years. a. How much money does Kristen have in this RRSP at the end of the 30 years? S0.00 Round to the nearest cent b. How much interest did Kristen's RRSP earn? S0.00 Round to the nearest cent
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