Haatim opened an RRSP deposit account on December 1, 2008, with a deposit of $1000. He
added $1000 on December 1, 2010, and $1000 on April 1, 2012. How much is in his account on
May 1, 2016, if the deposit earns 5.8% p.a. compounded monthly?.
Haatim opened an RRSP deposit account on December 1, 2008, with a .pdf
1. Haatim opened an RRSP deposit account on December 1, 2008, with a deposit of $1000. He
added $1000 on December 1, 2010, and $1000 on April 1, 2012. How much is in his account on
May 1, 2016, if the deposit earns 5.8% p.a. compounded monthly?