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Lada Lada
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6 years ago
Jenna intends to contribute $2500 to her RRSP at the beginning of every six months, starting today. The financial adviser has advised Jenna that if she continues her contributions for 20 years, the RRSP would earn 8% compounded semi-annually for the first 7 years and 7% compounded semi-annually, thereafter. What amount will Jenna have in the plan after 20 years?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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Posts: 349
6 years ago
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Lada Author
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6 years ago
Good timing, thanks!
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Correct Slight Smile TY
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2 hours ago
Just got PERFECT on my quiz
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