Question: How much more will you have in your RRSP at age 65 if you begin annual $1000 contributions to your plan on your twenty-sixth birthday

How much more will you have in your RRSP at age 65 if you begin annual $1000 contributions to your plan on your twenty-sixth birthday instead of on your twenty-seventh birthday? Assume that the RRSP earns 8% compounded annually, and that the last contribution is on your sixty-fifth birthday.

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