Linda contributes $3000.00 at the beginning of every six months into an RRSP paying interest at 6% compounded semi-annually.
a) How much will her RRSP deposits amount to in 15 years?
b) How much of the amount will be interest?
|
Question
Linda contributes $3000.00 at the beginning of every six months into an RRSP paying interest at 6% compounded semi-annually.
a) How much will her RRSP deposits amount to in 15 years? b) How much of the amount will be interest?
Add Comment
|
Explore
Post your homework questions and get free online help from our incredible volunteers
1355 People Browsing
Your Opinion
Strange Ingredients Lurking in Doritos Chips
Courses by Biology Forums
Bonobos, Chimpanzees, and the 98% DNA Link
The Toxic Skin and Fungi Defense
It's sore throat season, why does my mucus have red spots?
|