Question: Suppose Evan contributes $2000 to his RRSP at the end of every quarter for the next 15 years, and then contributes $1000 at each months

Suppose Evan contributes $2000 to his RRSP at the end of every quarter for the next 15 years, and then contributes $1000 at each month’s end for the subsequent 10 years. How much will he have in his RRSP at the end of the 25 years? Assume that the RRSP earns 8% compounded semiannually.

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