How much money with carolina have in her rrsp, Financial Management

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How much money with carolina have in her rrsp

Problem

Carolina is 44 years of age and has $22,000 in her RRSP. She will be putting $15,500 into her plan at the end of each year until age 65. She is expecting to earn a 7% annual rate of return on her investments inside her RRSP. Approximately how much money with Carolina have in her RRSP when she retires at age 65?

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