$3500 will be contributed to an RRSP at the end of every six months for 20 years....

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$3500 will be contributed to an RRSP at the end of every six months for 20 years. What effective rate of return must the plan earn if it is to be worth $250,000 at the end of the 20 gears?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

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Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 04:55 AM

$2000 will be contributed to an RRSP at the end of every six months for 20 years. What effective rate of return must the funds in the plan earn if it is to be worth $250,000 at the end of the 20...
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$3500 will be contributed to an RRSP at the end of every six months for 20 years....

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Given PMT 3500 n 220 40 FV 250000 Substit...View the full answer

Fundamentals Of Business Mathematics In Canada

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