Question: For the next 15 years Andre expects to earn 12% compounded monthly on the Retirement Savings Plan (RSP) that he is starting. For the subsequent

For the next 15 years Andre expects to earn 12% compounded monthly on the Retirement Savings Plan (RSP) that he is starting. For the subsequent 10 years he expects a return of 7% compounded annually. How much money is he planning to have in 25 years if he invests $3,500 at the end of every six months for the 25 years?

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