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You plan to make 25 annual deposits into your RRSP starting with $820 and increasing thereafter by 3.6%. (a) What will be the size
You plan to make 25 annual deposits into your RRSP starting with $820 and increasing thereafter by 3.6%. (a) What will be the size of the 25th deposit? (b) What will be the total amount deposited? a) The size of the 25th deposit will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) b) The total amount deposited will be $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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