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What total amount will she have in the plan five years

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    Assignment ID: FG132995970

    Question – Charlene has made contributions of $4,800 to her RRSP at the end of every half year for the past seven years. The plan has earned 10.8% compounded semiannually. She has just moved the funds to another plan earning 9.3% compounded quarterly, and will now contribute $3,800 at the end of every three months. What total amount will she have in the plan five years from now?

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