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Jaffa invested 5500 into an RRSP that earned interest at 75% compounded monthly for four...

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Jaffa invested 5500 into an RRSP that earned interest at 75% compounded monthly for four years (a) Find the balance of the account at the end of the period (b) How much interest is earned? (c) What is the effective rate of interest? (a) The balance of the account at the end of the period is (Round the final answer to the nearest cont as needed. Round all intermediate values to six decimal places as needed) (6) The amount of interest eamed is (Round the final answer to the nearest cant as needed Round all intermediate values to six decimal places as needed) (c) The effective rate of interest in % (Round the final answer to four decimal places as needed Round at Intermediate values to six decimal places as needed)

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