cleve6619 cleve6619
  • 13-03-2024
  • Business
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To start saving for retirement, Shawn opens an RRSP that earns interest at a rate of 4.1% compounded quarterly. Shawn makes deposits of $470 at the end of every quarter for ten years. At the end of the period,
a) Shawn has $55,719.65
b) Shawn has $50,321.45
c) Shawn has $60,013.22
d) Shawn has $45,804.88

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