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When Nancy retires, she expects her RRSP to pay her $2,500 at the end of every month for 25 years. If her retirement annuity earns
When Nancy retires, she expects her RRSP to pay her $2,500 at the end of every month for 25 years. If her retirement annuity earns 4.2% compounded quarterly, how much money does she needs to have in her RRSP when she retires?
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