Question: Pascal has recently opened an RRSP. He plans to deposit $ 895 at the end of every month for 10 years. The account will compound
Pascal has recently opened an RRSP. He plans to deposit $ 895 at the end of every month for 10 years. The account will compound interest semi-annually at the nominal rate of 9.5 %. How much money will Pascal have in his account immediately after his last deposit?
a. $ 163992.69
b. $ 176336.23
c. $ 181626.31
d. $ 160465.97
e. $ 162229.33
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