Question: What will be the amount in an RRSP after 25 years if contributions of $3000 are made at each year-end for the first seven years

What will be the amount in an RRSP after 25 years if contributions of $3000 are made at each year-end for the first seven years and month-end contributions of $500 are made for the subsequent 18 years? Assume that the plan earns 8% compounded quarterly for the first 12 years, and 7% compounded semiannually for the subsequent 13 years.

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