Both John and Jane have 10 000 which they will contribute to their new RRSP on their
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Question:
Both John and Jane have 10 000 which they will contribute to their new RRSP on their 31st birthday. Supposing that their RRSPs earn 12% compounded monthly what is John's monthly contribution if he plans to live until 91?Similarly, what is Jane's monthly contribution if she plans to live until 101?
Related Book For
South Western Federal Taxation 2014 Comprehensive Volume
ISBN: 9781285180922
37th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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