Question: URGENT! Please answer quickly I will leave a goo d review! Jack made monthly contributions of $200 to his son's RESP for a total of

URGENT! Please answer quickly I will leave a good review!

Jack made monthly contributions of $200 to his son's RESP for a total of 12 years. The contributions as well as the CESG was invested at the end of every month in a fund that earned a return of 7% compounded monthly. If Jack's son Emmanuel decides not to attend post-secondary education, and Jack makes a withdrawal from the RESP account in full, how much of that withdrawal will be Accumulated Income Payment? 28,800 19,367 56,230 25,127

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