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Coolguy80 Coolguy80
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11 months ago
If $400,000 accumulated in an RRSP is used to purchase an annuity earning 7.2% compounded monthly and paying $4500 at the end of each month, what will be the term of the annuity? Round up the number of payments.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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texasboy3texasboy3
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11 months ago
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Coolguy80 Author
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11 months ago
Thank you, thank you, thank you!
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Yesterday
Thanks
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2 hours ago
Good timing, thanks!
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