Question: Pascal has recently opened an RRSP. He plans to deposit $ 344 at the end of every month for 15 years. The account will compound

Pascal has recently opened an RRSP. He plans to deposit $ 344 at the end of every month for 15 years. The account will compound interest semi-annually at the nominal rate of 4.9 %. How much money will Pascal have in his account immediately after his last deposit?

a. $ 94442.46

b. $ 90810.06

c. $ 93534.36

d. $ 98074.87

e. $ 88085.76

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