Mr. Kinders has contributed $165.00 at the end of each three months into an RRSP paying...

Question

Question

Mr. Kinders has contributed $165.00 at the end of each three months into an RRSP paying 3% per annum compounded annually. How

Answer 1

Answer #1

A/c balance after 12 years Px[(1+r)^n-1]=r Here, A Interest rate per annum B Number of years C|Number of payments per per ann

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Answer 2

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