Question: Pascal has recently opened an RRSP . He plans to deposit $ 9 0 8 at the end of every month for 2 5 years.

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. $ 716232.43b. $ 702188.66c. $ 723254.32d. $ 730276.21e. $ 709210.55

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