Ellora wants to accumulate $150 000.00 in an RRSP by making annual contributions of $5000.00 at the beginning of each year. If interest is 5.5% compounded yearly, calculate how long she has to make contributions.

a.

17.585794

b.

18.676765

c.

18.076686

d.

17.455483

e.

18.202125

asked by guest
on Nov 16, 2024 at 7:44 pm



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