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Interest rate remains the same

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Christina has made payments of $1250 at the end of each quarter into an RRSP for the last four years. Interest at 12% compounded quarterly was earned. She decides to leave the accumulated money in the RRSP for another two years and not make any further payments to her RRSP. How much money will she have in her RRSP two years from now if the interest rate remains the same?

Reference no: EM132499464

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