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Tom received a retirement allowance in the amount of $ 6 8 , 0 0 . 0 0 , which he immediately deposited into his

Tom received a retirement allowance in the amount of $68,00.00, which he immediately deposited into his RRSP. Tom plans to leave his money for 6 years. What will be the size of Tom's retiring allowance be after 6 years if he earns 8.5% semi annually?
Question 14 options:
68,000
110,939
112,052
none of the above.
113,036

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