Question: How much larger will the value of an TFSA be at the end of 25 years if the contributor makes month-end contributions of $300 instead

How much larger will the value of an TFSA be at the end of 25 years if the contributor makes month-end contributions of $300 instead of year-end contributions of $3600? In both cases the TFSA earns 8.5% compounded semiannually.

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For the case of monthend contributions of 300 The amount in the TFSA after 25 years will be For yea... View full answer

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