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Nicholas has saved 51500 at the end of each month for teen years in his...

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Nicholas has saved 51500 at the end of each month for teen years in his RRSP account. He lost his job three years ago but did not take anything out of his RRSP He is recently hired again and plans to contribute $1500 to his RRSP account. Money is worth 8% compounded monthly 1. How much will Nicholas have in total in his RRSP account 10 years from now. (Consider that he keeps contributing 1500/month for the next ten years) Select one: a. $274 419.114 Ob 51,463 467 48 O c. 51,737,886 59 O d. 5659,326.17 O e 5519,05752

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