Jennifer recently earned a degree in accounting and her first employment opportunity is an accountant at a major corporation. The RRSP portion of her employment package has a personal investment cap at 20% of her salary and the employer contribution portion is 50% of her contribution. Her annual salary is $56,500 and she chose to invest 14% annually. Calculate the value of her RRSP value after 10 years at 4%, and then calculate the value of her RRSP had she invested the maximum amount that her employer would match.

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The Answer of Jennifer recently earned a degree in accounting and her first employment opportunity is an accountant at a major corporation. The RRSP portion of her employment package has a personal investment cap at 20% of her salary and the employer contribution portion is 50% of her contribution. Her annual salary is $56,500 and she chose to invest 14% annually. Calculate the value of her RRSP value after 10 years at 4%, and then calculate the value of her RRSP had she invested the maximum amount that her employer would match.

Jennifer Recently Earned a Degree in Accounting and Her First