Question: You contribute $ 7 1 3 6 . 2 9 at the end of each year to your RRSP . Your bank pays you a

You contribute $7136.29 at the end of each year to your RRSP. Your bank pays you a rate of 6.43% per year compounded semi-annually on the RRSP.This continues for 29 years.
What is the annually compounded equivalent rate to 6.43% compounded semi-annually?

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