Question 14 of 16 Victoria invested her savings into a Registered Retirement Savings Plan (RRSP) at an interest rate of 4.25% compounded semi-annually. After one year, her investment grew to $24,600;...

Extracted text: Question 14 of 16 Victoria invested her savings into a Registered Retirement Savings Plan (RRSP) at an interest rate of 4.25% compounded semi-annually. After one year, her investment grew to $24,600; however, the interest rate on the RRSP changed to 4.50% compounded quarterly and remained constant for the next two years. a. Calculate the original amount she invested into the RRSP. Round to the nearest cent b. Calculate the accumulated value of the investment at the end of three years (two years after the rate drop). Round to the nearest cent