Cindy started a registered retirement savings plan on February 1, 2016, with a deposit of $2500. She

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Cindy started a registered retirement savings plan on February 1, 2016, with a deposit of $2500. She added $2000 on February 1, 2017, and $1500 on February 1, 2022. What is the accumulated value of her RRSP account on August 1, 2026, if interest is 5% compounded quarterly?

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Contemporary Business Mathematics With Canadian Applications

ISBN: 9780135285015

12th Edition

Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday

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