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You plan to make 12 annual deposits into your RRSP starting with$870 and increasing thereafter by 2.6%. (a) What will be the size of the

You plan to make 12 annual deposits into your RRSP starting with$870 and increasing thereafter by 2.6%.

(a) What will be the size of the 12th deposit?

(b) What will be the total amount deposited?

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