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You were released from your current job and received a settlement of $ 5 4 , 0 0 0 . The Canada Revenue Agency allows
You were released from your current job and received a settlement of $ The Canada Revenue Agency allows you to place the settlement in an RRSP Fifteen years from now, you intends to transfer the money from the RRSP to a Registered Retirement Income Fund RRIF Thereafter, you will make equal withdrawals at the end of each quarter for fifteen years. If both the RRSP and the RRIF earn compounded quarterly, what will be the amount of each withdrawal?$ $ $$ $
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