1) Mr. Hughes has contributed
$4000.00 per year for the last ten
years into a RRSP account earning
9.00% compounded annually.
Suppose he leaves the accumulated
contributions for another five years
in the RRSP at the same rate of
interest.
a) How much will Mr. Hughes have
in total in his RRSP account?
b) How much did Mr. hughes
contribute?
c) How much will be interest?

Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a