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Mr. Nowak has contributed $91.00 at the end of each three months into an RRSP paying 3% per annum compounded annually. Part 1 How much will Mr. Nowak have in the RRSP after 15 years? $____ (Round the final answer to the nearest cent as needed. Part 2 How much of the above amount is interest? $____ (Round all intermediate values to six decimal places as needed.)
Sagot :
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