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Deon makes monthly contributions of $250.00 at the end of every month into an RRSP. You want to calculate, to the nearest month, how long

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Deon makes monthly contributions of $250.00 at the end of every month into an RRSP. You want to calculate, to the nearest month, how long it will take to grow to $100 000.00 if interest is 8% compounded annually. Find p (the equivalent rate of Interest per payment period) Select one: O a. 0.002956301 tion O b. 0.00828567 OC. 0.00263716 O d. 0.002266917 O e. 0.00643403

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