# Go to the Student Edition of the textbooks Web site. In Chapter 10, find RRIF Annuities. Obtain

## Question:

Go to the Student Edition of the textbook’s Web site. In Chapter 10, find “RRIF Annuities.” Obtain high, low, and mid¬ range interest rate quotes from three financial institutions for a 20-year RRIF annuity. Assuming the interest rates are compounded monthly, calculate the amount required in each case to purchase a 20-year annuity paying $3000 at the end of each month.

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