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How much should she contribute at the end of every six

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Reference no: EM13584591

Cat has $300000 in her RRSP. She will contribute for another 10 years and then let the plan grow for an additional 7 years. The RRSP earns 5.5% compounded annually. How much should she contribute at the end of every six months in order to have $1,000,000 in her RRSP 17 years from now?

Reference no: EM13584591

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