Pascal has recently opened an RRSP. He plans to deposit $ 908 at the end of every month for 25 years. The account will compound
Pascal has recently opened an RRSP. He plans to deposit $ 908 at the end of every month for 25 years. The account will compound interest semi-annually at the nominal rate of 6.8 %. How much money will Pascal have in his account immediately after his last deposit?
a. $ 716232.43
b. $ 702188.66
c. $ 723254.32
d. $ 730276.21
e. $ 709210.55
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Authors: Charles Long
1st Edition
0874204305, 978-0874204308
