2 (2 marks) Charlie Hebro intends to save for a house by making monthly deposits into a term savings account that earns interest at the rate [shown in row 7 of the data table], with interest compounded monthly. His budget allows him to save the monthly amount [shown in row 14 of the data table] starting at the end of this month. a) What will his savings be if he follows his plan for 5 years? b) If he receives an unexpected inheritance of $50,000 today which he deposits to start off his home savings, what will his total savings be at the end of the five years