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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If the RRSP gets 6.50% compounded semi-annually and the annuity gets 4.0% compounded monthly, what size payment will he get?
We have been asked to create a plot of B^2 vs. 1/(d^2 + a^2), and use the slope of that plot and the following equation to determine a value for e/m.The equation to be used is:\(B^{2}=8V/(e/m)(1/(d^2 +a^2)\)
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