5.) Raj wants to make annual contributions to his RRSP for the next 30 years....

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5.) Raj wants to make annual contributions to his RRSP for the next 30 years. He will increase each annual payment by 3.5%, and the RRSP can earn 10.3% compounded annually. If he wants to accumulate $350,000, what is the amount of his first payment today

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