Question: Pascal has recently opened an RRSP. He plans to deposit $ 457 at the end of every month for 20 years. The account will compound

Pascal has recently opened an RRSP. He plans to deposit $ 457 at the end of every month for 20 years. The account will compound interest semi-annually at the nominal rate of 4.6 %. How much money will Pascal have in his account immediately after his last deposit?

a. $ 180304.89

b. $ 178519.69

c. $ 183875.28

d. $ 182090.08

e. $ 185660.48

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