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Your RRSP savings of $42,500 are converted to a RRIF at 4.70% compounded monthly that pays $5,284 at the beginning of every month. After how

Your RRSP savings of $42,500 are converted to a RRIF at 4.70% compounded monthly that pays $5,284 at the beginning of every month. After how many payments will the fund be depleted? Round to the next payment

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