Jordan contributed $900 at the end of every 3 months into an RRSP fund earning 2.91% compounded
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Question:
Jordan contributed $900 at the end of every 3 months into an RRSP fund earning 2.91% compounded quarterly for 12 years.
a. What is the future value of the fund at the end of 12 years? $0.00 Round to the nearest cent
b. What is the amount of interest earned over this period? $0.00 Round to the nearest cent
Related Book For
Numerical Methods for Engineers
ISBN: 9780071244299
5th Edition
Authors: Steven C. Chapra, Raymond P. Canale
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