Question: Pascal has recently opened an RRSP. He plans to deposit $190 at the end of every month for 15 years. The account will compound interest
Pascal has recently opened an RRSP. He plans to deposit $190 at the end of every month for 15 years. The account will compound interest semi-annually at the annual rate of 9%. You wish to know how much money will Pascal have in your account immediately after your last deposit. Find i (periodic rate) a. 0.09 O b. 0.0225 O c.0.045 O d. 9 O e. 0.0075
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