Essay
Genevieve won $42 016 from the lottery and deposited all of it into an RESP account for her children that had an interest rate of 0.7% for a 1-year term. What is the maturity value of the deposit?
Correct Answer:
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P = 42016; r = 0.7% = 0.007; t...View Answer
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Correct Answer:
Verified
P = 42016; r = 0.7% = 0.007; t...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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