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QUESTION
Courtney invested $500 at the end of every month into an RRSP for 6 years. The interest rate earned was 4.20% compounded semi-annually for the first...
Courtney invested $500 at the end of every month into an RRSP for 6 years. The interest rate earned was 4.20% compounded semi-annually for the first 4 years and changed to to 5.40% compounded monthly for the next 2 years. What was the accumulated value of the RRSP at the end of 6 years?
