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1)Starting now, Ali makes six-monthly deposits of $125. Suppose the interest rate is 6.36% compounded monthly. Compute the interest that has been earned in total.

2)Reem deposits $900 at the end of each month in a savings account earning 4.5% quarterly. How long it will it take to buy her first car assuming she needs $8000 for a good car.

Please answer these 2 questions thank you

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