Anika deposited $900 at the end of every month into an RRSP for 8 years. The interest rate earned was 5.50% compounded semi-annually for the first 4 years and changed to 5.75% compounded monthly for the next 4 years. What was the accumulated value of the RRSP at the end of 8 years? Round to the nearest cent
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- Julia deposited $900 at the end of every month into an RRSP for 7 years. The interest rate earned was 4.50% compounded semi-annually for the first 3 years and changed to 4.75% compounded monthly for the next 4 years. What was the accumulated value of the RRSP at the end of 7 years? (Round to the nearest cent).Zachary deposited $1,200 at the end of every month into an RRSP for 6 years. The interest rate earned was 3.50% compounded semi-annually for the first 4 years and changed to 3.75% compounded monthly for the next 2 years. What was the accumulated value of the RRSP at the end of 6 years? Round to the nearest centKelsey deposited $1,100 at the end of every month into an RRSP for 6 years. The interest rate earned was 4.50% compounded semi- annually for the first 5 years and changed to 4.75% compounded monthly for the next 1 years. What was the accumulated value of the RRSP at the end of 6 years? Round to the nearest cent
- Alexis deposited $1,000 at the end of every month into an RRSP for 7 years. The interest rate earned was 3.50% compounded semi-annually for the first 3 years and changed to 3.75% compounded monthly for the next 4 years. What was the accumulated value of the RRSP at the end of 7 years? Round to the nearest centVanessa deposited $1,300 at the end of every month into an RRSP for 7 years. The interest rate earned was 4.50% compounded semi-annually for the first 3 years and changed to 4.75% compounded monthly for the next 4 years. What was the accumulated value of the RRSP at the end of 7 years?.Courtney deposited $1,100 at the end of every month into an RRSP for 8 years. The interest rate earned was 4.75% compounded semi- annually for the first 3 years and changed to 5.00% compounded monthly for the next 5 years. What was the accumulated value of the RRSP at the end of 8 years?
- Casey deposited $1,100 at the end of every month into an RRSP for 8 years. The interest rate earned was 5.75% compounded semi- annually for the first 2 years and changed to 6.00% compounded monthly for the next 6 years. What was the accumulated value of the RRSP at the end of 8 years?Mitchell deposited $700 at the end of every month into an RRSP for 8 years. The interest rate earned was 4.25% compounded semi-annually for the first 5 years and changed to 4.50% compounded monthly for the next 3 years. What was the accumulated value of the RRSP at the end of 8 years?George invested $1,200 at the end of every month into an RRSP for 8 years. The interest rate earned was 5.7% compounded semi-annually for the first 5 years and changed to 4.5% compounded monthly for the next 3 years. What was the accumulated value of the RRSP at the end of 8 years?
- Marissa converted an RRSP balance of $125,000 into an RRIF that will pay he $1,850 at the end of every month for 9 years. What is the nominal annual rate interest compounded semi-annually? 11.58% 0.97% 11.92% 5.79%Alice deposits $ 100 into an account today and $ 200 five years later . Interest for the first 10 years is credited at a nominal discount rate of d compounded semi - annually , and thereafter at a nominal interest rate of 8 % compounded quarterly. The accumulated balance at the end of 20 years is $ 1000. Calculate d .2. Allison deposited $1,000 at the end of every month into an RRSP for 8 years. The interest rate earned was 4.25% compounded semi-annually for the first 5 years and changed to 4.50% compounded monthly for the next 3 years. What was the accumulated value of the RRSP at the end of 8 years? Kindly add all the decimals DO NOT ROUND
