How much one have at retirement compounded semi-annually
Petros wishes to retire in 10 years from NOW. He has $250,000 in his RRSP currently and will contribute $5000 at the beginning of each month. If the RRSP earns 5% compounded semi-annually, how much will he have at retirement?
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Petros wishes to retire in 10 years from NOW. If the RRSP earns 5% compounded semi-annually, how much will he have at retirement?
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