Suman deposited $95 000.00 in an RRSP on April 1, 2016, at 8.22% compounded quarterly....
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Suman deposited $95 000.00 in an RRSP on April 1, 2016, at 8.22% compounded quarterly. Subsequently the interest rate was changed to 8.5% compounded monthly on September 1, 2016, and to 8.8% compounded semi-annually on June 1, 2017. What was the value of the RRSP deposit on December 1, 2017, if no further changes in interest were made? Select one: O A. $97446.55 O B. $103837.72 O C. $112975.44 O D. $101734.20 O E. $108406.58
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