Question: If you contribute $250 per month to an RRSP instead of $500 per month, will the time required to reach a particular savings target be

If you contribute $250 per month to an RRSP instead of $500 per month, will the time required to reach a particular savings target be (pick one): (i) twice as long? (ii) less than twice as long? (iii) more than twice as long? Give the reason for your choice.

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