Question: Sue has contributed $1,293.00 every year for the last 14 years into an RRSP fund. The interest earned by these deposits was 9% compounded annually

Sue has contributed $1,293.00 every year for the last 14 years

Sue has contributed $1,293.00 every year for the last 14 years into an RRSP fund. The interest earned by these deposits was 9% compounded annually for the first 6 years and 8% compounded annually for the last 8 years. How much money is currently in the RRSP? The balance is $0 (Round the final answer to the nearest cent as needed. Round intermediate values to four decimal places as needed.)

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