Question: Trent has opened an RRSP account by making an initial deposit of $800. He intends to make semi-annual deposits for 17 years increasing at a
Trent has opened an RRSP account by making an initial deposit of $800. He intends to make semi-annual deposits for 17 years increasing at a constant rate of 3.5%. How much of the accumulated value just after the last deposit was made is interest if interest is 5.78% compounded semi-annually?
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