Your RRSP savings of $52,500 are converted to a RRIF at 4.50% compounded monthly that pays $5,100 at the beginning of every month. After how many payments will the fund be depleted? Round to the next payment solutionspile.com

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Your RRSP savings of $52,500 are converted to a RRIF at 4.50% compounded monthly that pays $5,100 at the beginning of every month. After how many payments will the fund be depleted?  Round to the next payment  solutionspile.com

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