Ted has just stared investing in a Tax Free Savings Account (TFSA). He has $10,000 that he

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Ted has just stared investing in a Tax Free Savings Account (TFSA). He has $10,000 that he will invest immediately and will invest another 5,000 at the end of the year for the next 20 year. He expects a nominal annual return of 5%. How much money will he have in the TFSA in nominal dollars after 20 years?

Posted Date: May 18, 2024 04:00 AM

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Ted has just stared investing in a Tax Free Savings Account (TFSA). He has $10,000 that he

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