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Author Question: Ralph wants to know what he should be able to save in his child's RESP account if he contributes ... (Read 57 times)

maychende

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Ralph wants to know what he should be able to save in his child's RESP account if he contributes $2,500 per year and also gets the CES grant of $500 each year. He wants to assume a conservative investment return of four percent annual return and that he will only contribute until the child is 15 (assume 15 years of $3000 deposits).
$52 200
$60 700
$65 500
$46 500


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Marked as best answer by maychende on Nov 11, 2019

Expo

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maychende

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


ASDFGJLO

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Reply 3 on: Yesterday
Wow, this really help

 

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