Answers

MS

Answered

Sam will contribute $200 to his RRSP at the end of each month for 15 years and then raise his monthly contribution to $500 at the end of each month for the subsequent 20 years. If his investments earn 11.7% compounded monthly, what will be the value of the investments after the last $500 contribution is made 35 years from now?

A) $1,186,877
B) $572,207
C) $1,471,930
D) $521,751
E) $285,054

On Sep 28, 2024


C
MS

Answered

The actual profit of $23,400 for the most recent fiscal quarter was 90% of the forecast profit. What was the forecast profit?

On Sep 23, 2024


$26,000.00