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How much will mr. smith have in the rrsp after years

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Reference no: EM133152641

Question - Mr. Smith has contributed ?$121.00 at the end of each month into an RRSP paying 5% per annum compounded annually.

Required -

1. How much will Mr. Smith have in the RRSP after 15 years?

2. How much of the above amount is interest?

Reference no: EM133152641

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