When Austin retires in 18 years, he wants to receive $250.00 payments at the start of every month for 27 years from his RIF that earns 2.60% compounded semi-annually. What beginning of quarter...


When Austin retires in 18 years, he wants to receive $250.00 payments at the start of every month for 27 years from his RIF that earns 2.60% compounded semi-annually. What beginning of quarter deposits does Austin have to make into his RRSP that earns 2.10% compounded quarterly for the 18 years until he retires?

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Jun 10, 2022
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