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Problem:
What is the better investment and by how much: putting $300 a month into an RRSP that pays 6% compounded monthly or putting $3600 at the end of each year into an RRSP that pay 8% compounded annually?
Additional Information:
This question belongs is basically from to Mathematics as well as it is about calculating the difference between investing in an RRSP which pays 6% compounded monthly or an RRSP that pays 8% compounded annually.
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