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Lada Lada
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4 years ago
Jawad makes semi-annual contributions of $2000 starting on his 27th birthday. How much will he accumulate in his RRSP by age 60, if RRSP earns 8% compounded annually and no contribution is made on his sixtieth birthday?
A) $615 535
B) $640 156
C) $565 324
D) $595 254
E) $618 606
Textbook 

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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4 years ago
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