Question: Hank has already saved $ 6 8 , 0 0 0 in his RRSP . Suppose he needs to have $ 2 2 0 ,

Hank has already saved $68,000 in his RRSP. Suppose he needs to have $220,000 saved by the end of 10 years. What are
his monthly payments starting today if the RRSP can earn 8.1% compounded annually?

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