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How much will have in rrsp at the end of twenty years

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Suppose Evan contributes $2,200 to his RRSP at the end of every quarter for the next 12 years, and then contributes $1,100 at each month's end for the subsequent 8 years.

Problem 1: How much will he have in his RRSP at the end of the 20 years? Assume that the RRSP earns 6% compounded semiannually. (Round your answer to the nearest cent.)

Reference no: EM132917573

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