Bryan opened an RRSP account and deposited $3,100 into it. She then deposited $800 at...
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Bryan opened an RRSP account and deposited $3,100 into it. She then deposited $800 at the end of the 1st year and $475 at the end of the 2nd year, into the account. The RRSP was earning 2.10% compounded quarterly.
a. What is the accumulated value of the investments at the end of the 2nd year?
Round to the nearest cent
b. What is the accumulated value of the investment at the end of 8 years?'
Round to the nearest cent
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