Order the answer to: Leona contributed $3000 per year to her RRSP on every

Academic Writing business-corporate-finance Order the answer to: Leona contributed $3000 per year to her RRSP on every

business-corporate-finance

Order the answer to: Leona contributed $3000 per year to her RRSP on every

Question Leona contributed $3000 per year to her RRSP on every birthday from age 21 to age 30 inclusive. She stopped employment to raise a family and made no further contributions. Her husband, John, started to make annual contributions of $3000 to his RRSP on his thirty-first birthday and plans to continue up to and including his sixty-fifth birthday. Assuming that both plans earn 8% compounded annually over the years, calculate and compare the amounts in their RRSPs at age 65.
Subject business-corporate-finance
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