Use of Financial Calculator TI BA II Plus Required

Multiple Choice

Use of Financial Calculator TI BA II Plus required. Miranda is 35 and her tax planning creates opportunities to receive $1800 in tax rebates each year. She uses this rebate to partially fund her RRSP contributions. If she can earn a 7 percent return, how much extra retirement savings will she have at 65?

A) $157 224
B) $181 345
C) $70 035
D) $170 029