If Gayle contributes $2,900 to her RRSP at the end of every quarter for the next 10 years and then contributes $2,900 at each month's end for the subsequent 10 years, how much will she have in her RRSP at the end of the 20 years? Assume that the RRSP earns 7

Math Apr 06, 2022

If Gayle contributes $2,900 to her RRSP at the end of every quarter for the next 10 years and then contributes $2,900 at each month's end for the subsequent 10 years, how much will she have in her RRSP at the end of the 20 years? Assume that the RRSP earns 7.2% compounded semiannually. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Gayle will have $................