Question: If Henry contributes an amount to their RRSP every beginning quarter for the next 12 years and then contributes $1,300 at each month's end for
If Henry contributes an amount to their RRSP every beginning quarter for the next 12 years and then contributes $1,300 at each month's end for the subsequent 14 years, they will have $684,777 in their RRSP at the end of the 26 years? Assume that the RRSP earns 5.75% compounded semiannually(Do not round intermediate calculations and round your final answer to 2 decimal places.) Henry will have to have $ before the second period to achieve their goal. Henry will have to make payments $[ Jat beginning of each quarter for the first 12 years to achieve this amount
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