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When Mr. Ameer retires, he expects his RRSP to pay him $2,000 at the end of every month for 25 years. If his retirement annuity
When Mr. Ameer retires, he expects his RRSP to pay him $2,000 at the end of every month for 25 years. If his retirement annuity earns 3.8% compounded quarterly, how much money does he need to have in his RRSP when he retires?
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