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Solution Library
Calculation Of Better Investment Options For RRSP
Question
What is the better investment and by how much: putting $300 a month into an RRSP that pays 6% compounded monthly or putting $3600 at the end of each year into an RRSP that pay 8% compounded annually?
Summary
The question belongs to Mathematics and it is about calculating the difference between investing in an RRSP which pays 6% compounded monthly or an RRSP that pays 8% compounded annually.
Total Word Count 62
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