Question
With an initial deposit of $10 000, Ibrahim opened an RRSP on August 1, 2018. He added $1800 on January 1, 2019 and another $2500
With an initial deposit of $10 000, Ibrahim opened an RRSP on August 1, 2018. He added $1800 on January 1, 2019 and another $2500 on July 1, 2019. How much is available in his account to start school on September 1, 2019 if the account offers 5.2% compounded quarterly?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
