$9,876.53 $18,296.01 $18,502.73 $12,656.50 Item 4 Tommy makes regular contributions to his Registered Retirement Savings

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

$9,876.53 $18,296.01 $18,502.73 $12,656.50 Item 4 Tommy makes regular contributions to his Registered Retirement Savings

Post by answerhappygod »

9 876 53 18 296 01 18 502 73 12 656 50 Item 4 Tommy Makes Regular Contributions To His Registered Retirement Savings 1
9 876 53 18 296 01 18 502 73 12 656 50 Item 4 Tommy Makes Regular Contributions To His Registered Retirement Savings 1 (242.37 KiB) Viewed 54 times
$9,876.53 $18,296.01 $18,502.73 $12,656.50 Item 4 Tommy makes regular contributions to his Registered Retirement Savings Plan (RRSP). He invests $1,500 on January 1st, April 1st, July 1st, and October 1st at 7% APR, compounded quarterly. What is the final accumulated amount in this RRSP after one year? $6,000.00 $6,203.78 $6,267.13 $6,126.57
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”