Question: Pascal has recently opened an RRSP. He plans to deposit $ 733 at the end of every month for 20 years. The account will compound
Pascal has recently opened an RRSP. He plans to deposit $ 733 at the end of every month for 20 years. The account will compound interest semi-annually at the nominal rate of 6.4 %. How much money will Pascal have in his account immediately after his last deposit?
a. $ 323528.06
b. $ 365727.37
c. $ 351660.93
d. $ 369243.98
e. $ 379793.81
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