Answer Happy

Posted: **Wed Jul 06, 2022 11:47 am**

: Anika Invested 1 900 At The Beginning Of Every 6 Months In An Rrsp For 11 Years For The First 6 Years It Earned Intere 1 (84.86 KiB) Viewed 13 times

: Anika Invested 1 900 At The Beginning Of Every 6 Months In An Rrsp For 11 Years For The First 6 Years It Earned Intere 2 (66.01 KiB) Viewed 13 times

: Anika Invested 1 900 At The Beginning Of Every 6 Months In An Rrsp For 11 Years For The First 6 Years It Earned Intere 3 (96.81 KiB) Viewed 13 times

Anika invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 6 years it earned interest at a rate of 4.10% compounded semi-annually and for the next 5 years it earned interest at a rate of 6.40% compounded semi-annually. a. Calculate the accumulated value of his investment at the end of the first 6 years. O $57,717.04 O $58,420.50 O $25,554.74 ←
b. Calculate the accumulated value of her investment at the end of 11 years. O $57,717.04 O $58,420.50 Question 2 of 6 O $48,765.13 O $26,078.61
c. Calculate the amount of interest earned from the investment. O $16,620.50 O $15,917.04 O $12,933.98 O $3,686.52 K