Question: Juliana has contributed $1,320.00 every month for the last 10 years into an RRSP fund. The interest earned by these deposits was 5% compounded monthly

Juliana has contributed $1,320.00 every month for the last 10 years

Juliana has contributed $1,320.00 every month for the last 10 years into an RRSP fund. The interest earned by these deposits was 5% compounded monthly for the first 5 years and 8% compounded monthly for the last 5 years. How much money is currently in the RRSP? The balance is $. (Round the final answer to the nearest cent as needed. Round intermediate values to four decimal places as needed.)

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