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13-03-2024
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Laurence contributed $4,085 at the end of every 6 months to an RRSP fund earning 10.08% compounded semi-annually for 14 years. What was the future value of the fund at the end of the term?
a. $21,456.32
b. $23,789.45
c. $26,315.78
d. $28,047.69

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