Question: Want to know the answer using simple interest You have invested in an RRSP that ears 3.5%, compounded semi-annually. How long will it take you

Want to know the answer using simple interest

You have invested in an RRSP that ears 3.5%, compounded semi-annually. How long will it take you to save $80,000 it you made payments of $1200 at the end of each quarter? Show with 2 places after the decimal State your final answer in number of full months 1/4 CHY N PV PMT FV PAY It will take months

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