kaleighlong6295 kaleighlong6295
  • 13-03-2024
  • Business
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Marysa invested $1,000 at the beginning of every 3 months in an RRSP for 18 years. For the first 11 years, it earned interest at a rate of 4.8% compounded quarterly, and for the next 7 years, it earned interest at a different rate. What is the total amount in the RRSP after 18 years?
a) $68,234.09
b) $71,549.87
c) $65,789.23
d) $74,321.45

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