Short Answer
What percentage more funds will you have in your RRSP 20 years from now by making fixed contributions of $3,000 at the end of every six months for the next 20 years, instead of waiting 10 years and making semi-annual contributions that are twice as large for half as many years? Assume that the RRSP earns 8% compounded semi-annually.
Correct Answer:
Verified
Correct Answer:
Verified
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