What minimum initial amount of money, invested to earn 4% compounded monthly, will support a monthly payout of $500 for 3 years if the first payment occurs 2 years and 10 months from now? Mutiple Choice $1753101 $16,78414 O $15.452.10 $14,875.01 $12,478.25 if the period of deferral ends immediately before the first payment is made, then the payments form an annuity due True or False True False Ahmed wants to make regular annual contributions to his RRSP that will accumulate to $540,000 in 38 years. What is the size of each beginning of year contribution if the fund averages 9% compounded annually? Multiple Choice $1.42105 O $1,752.87 $1,278.95 $1.910.63 $1,682.37