Question: What will be the amount in an RRSP after 30 years if contributions of $3000 are made at the beginning of each year for the
| What will be the amount in an RRSP after 30 years if contributions of $3000 are made at the beginning of each year for the first 10 years, and contributions of $6,000 are made at the beginning of each year for the subsequent 20 years? Assume that the RRSP will earn 6.05% compounded annually. (Do not round intermediate calculations and round your final answer to 2 decimal places.) |
| The future value $ |
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