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What is the value of Alejandro's RRSP at Retirement, assuming he contributes annually up to the allowed contribution every year for the next 1 2

What is the value of Alejandro's RRSP at Retirement, assuming he contributes annually up to the allowed contribution every year for the next

12

years. Assume the annual contributions are the same as calculated for

2022

and made at the end of the year. The RRSP grows at

5

percent.

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