Question: Question 31 paired Der As eactly 3 years before redrement and expects her RRSP to grow by 3% ay Ste zitionates she will need $55.000

Question 31 paired Der As eactly 3 years before redrement and

Question 31 paired Der As eactly 3 years before redrement and expects her RRSP to grow by 3% ay Ste zitionates she will need $55.000 before taxes in her first year of trement in adition to CPP/OPP! She determined from an annuity broker that stewarded about $1 milion to buy a lite annuity paying her $55,000 annually Wat e the minimum amount Toby should currently have in her RRSP to reach $1 son Svears tune? (Assume as fact the projected 3% annual rate of return) 8913,894 O 5914.318 Od 5915.142 45915965

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