question archive How long will it take an RRSP to grow to $790,000 if it receives a contribution of $1,900 at the beginning of each quarter and it earns: (Do not round intermediate calculations and round up the number of payments, n, to the next whole number
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How long will it take an RRSP to grow to $790,000 if it receives a
contribution of $1,900 at the beginning of each quarter and it earns: (Do not round intermediate calculations and round up the number of payments, n, to the next whole number.)
a.5.2% compounded quarterly quarterly contributions b.8.1% compounded quarterly quarterly contributions c.9.8% compounded quarterly quarterly contributions d.11.2% compounded quarterly quarterly contributions