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Alexis Wants to Have Saved $600 000 by the Time

Question 66

Multiple Choice

Alexis wants to have saved $600 000 by the time she retires at age 60.She is turning 46 in the next week and has accumulated $220000 in her RRSP accounts.Assuming she can continue to get a 6% annual return on her RRSP investments,how much does she need to keep saving at the end of each month to reach her goal?


A) $2262
B) $1467
C) $2102
D) $396

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