Question
Pascal has recently opened an RRSP. He plans to deposit $ 808 at the end of every month for 25 years. The account will compound
Pascal has recently opened an RRSP. He plans to deposit $ 808 at the end of every month for 25 years. The account will compound interest semi-annually at the nominal rate of 2.9 %.
How much money will Pascal have in his account immediately after his last deposit?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
