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12-04-2024
Mathematics

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Kristen opened an RRSP account and deposited $4,300 into it. She then deposited $700 at the end of the 1st year and $475 at the end of the 2nd year, into the account. The RRSP was earning 3.30% compounded quarterly.
a. What is the accumulated value of the investments at the end of the 2nd year?

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