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16-01-2024
Mathematics

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Aaron contributed $1,744 to his RRSP at the end of every six months. What was the value of his RRSP after 15 years if the RRSP grew at 5.89% compounded semi-annually? (Round your final answer to 2 decimal places) What is the value of RRSP?

a) $42,831.23
b) $43,157.92
c) $43,642.12
d) $44,091.36

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