Question: Mr . Smith has contributed $ 1 0 8 . 0 0 at the end of each month into an RRSP paying 5 % per

Mr. Smith has contributed $108.00 at the end of each month into an RRSP paying 5% per annum compounded annually
1. How much will Mr. Smith have in the RRSP after 10years?
2. How much of the above amount is interest?

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