What will be the amount in an RRSP after 30 years if contributions of $1000 are made
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Question:
What will be the amount in an RRSP after 30 years if contributions of $1000 are made at the beginning of each year for the first 10 years, and contributions of $9,000 are made at the beginning of each year for the subsequent 20 years? Assume that the RRSP will earn 6.5% compounded annually.(Do not round intermediate calculations and round your final answer to 2 decimal places.)
The future value $
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