Question: 10. Mary has contributed a $250 payment into an RRSP at the end of each 3-month period for the past 35 years. During this time,

10. Mary has contributed a $250 payment into an RRSP at the end of each 3-month period for the past 35 years. During this time, the RRSP has earned an average of 11.5%/a compounded quarterly. a) How much will the RRSP be worth at maturity? [4] PMT= 300 4.355 14 for quaterly payment A-20017 r: 1115 0.11 106 u 611 0,11) -- A = 250 240,00 A : 138.68] The PRSP will be worth at maturity would bt 1,135.65 b) How much of the investment will be interest earned over the 35 years? [2] The investment earned over 35 years would be

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