Mahadeus opened an RRSP deposit account on December 1, 2008, with a deposit of $2300. He added $2300 on April 1, 2010, and $2300 on January 1, 2012. How much is in his account on October 1, 2016 if the deposit earns 6.7% pa compounded monthly? CED The amount in the account is S (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)
Mahadeus opened an RRSP deposit account on December 1, 2008, with a deposit of $2300. He added $2300 on April 1, 2010, and $2300 on January 1, 2012. How much is in his account on October 1, 2016 if the deposit earns 6.7% pa compounded monthly? CED The amount in the account is S (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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