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Robert opened an RRSP deposit account on December 1, 2008, with a deposit of $2500, He
added $2500 on March 1, 2010, and $2500 on December 1, 2012. How much is in his account on
September 1 2016, it the deposit earns 5.6% p.a. compounded monthly? The amount in the
account is $ (Round the final answer to the nearest cent as needed. Round all intermediate values
to six decimal places as needed.)

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Robert opened an RRSP deposit account on December 1 2008 w.pdf

  • 1. Robert opened an RRSP deposit account on December 1, 2008, with a deposit of $2500, He added $2500 on March 1, 2010, and $2500 on December 1, 2012. How much is in his account on September 1 2016, it the deposit earns 5.6% p.a. compounded monthly? The amount in the account is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)