SOLUTION: Anju started an RRSP account on December 1, 2015, with $1500. Her deposit earns 4% p.a. Compounded monthly. she added $2000 on july1 2015 and $2000 on december 1, 2017. How much is

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Question 1153307: Anju started an RRSP account on December 1, 2015, with $1500. Her deposit earns 4% p.a. Compounded monthly. she added $2000 on july1 2015 and $2000 on december 1, 2017. How much is in her account on january 1, 2020?
Answer by ikleyn(52865)   (Show Source): You can put this solution on YOUR website!
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Anju started an RRSP account on December 1, 2015, with $1500. Her deposit earns 4% p.a. Compounded monthly.
she added $2000 on july1 2015 and $2000 on december 1, 2017. How much is in her account on january 1, 2020?
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Hey,  if she started her account on Dec.1, 2015,


then  HOW  she was able  to add  $2000  to it on July, 1  of  2015  (when this account did not exist yet)?


            The arrow of time does not work in this way . . .


Do you understand the exact meaning of the words you use in your post ?


--------------------

Avoid posting nonsense to this forum,  since I usually read  ATTENTIVELY  every post,  which I do understand.

      . . .  excluding those that I do not understand or do not want to read / (to react),  at all . . . 

When you post nonsense,  you simply  STEAL  my time (!)


At this spot,  a real post from a real student could be placed,  who really needs my help and my time (!) (!) (!)


Thanks for making me laughing while reading your post !



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