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Science-Related Homework Help Mathematics Topic started by: kickergb40 on Jun 12, 2023



Title: Quarterly contributions of $1000 will be made to an RESP for 15 years. Assuming that the investments ...
Post by: kickergb40 on Jun 12, 2023
Quarterly contributions of $1000 will be made to an RESP for 15 years. Assuming that the investments within the plan grow at 8% compounded quarterly, how much will the TFSA be worth after 15 years if the contributions are made:


a) At the end of each quarter?
b) At the beginning of each quarter?
c) By what percentage does the answer to Part (b) exceed the answer to Part (a)?


Title: Re: Quarterly contributions of $1000 will be made to an RESP for 15 years. Assuming that the investments ...
Post by: raoulduk on Jun 12, 2023
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