MBF3C - Algonquin Achievement Centre

Darcy began making monthly contributing to his RRSP at the age of 24. His average monthly contribution, starting 1 month after his 24th birthday, was $125 and his RRSP earned interest at an average rate of 7.5% compounded monthly. Darcy stopped making contributions when he retired at the age of 50 and started to withdraw a pension from his RRSP. ................
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