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Tom and Alex have contributed to the RESP they have set up for Matt. They contributed $200 per month (end of month) for 15 years.
Tom and Alex have contributed to the RESP they have set up for Matt. They contributed $200 per month (end of month) for 15 years. If the original contribution of $200 along with the CESG have been invested in the RESP with a return of 7%. What will the amount of the funds be after 15 years? Question 3 options: $76,070.95 $76,514.70 $63,392.46 $3,125.65
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
