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 monthly 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 c (the number of interest conversion periods per period interval) a. 1/12 b. 1/6 c. 1 d. 12 e. 1/3

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