Question
You are saving $5,000 every year for 10 years in an RRSP with an annual interest rate of 6.75%. What is the present value of
You are saving $5,000 every year for 10 years in an RRSP with an annual interest rate of 6.75%. What is the present value of your investment?
$42,633
$68,272
None of the options listed
$35,527
$435,449
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
