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5) (10 marks) A student wishes to save some money in order to purchase a vehicle after they graduate in 3 years. The student opted

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5) (10 marks) A student wishes to save some money in order to purchase a vehicle after they graduate in 3 years. The student opted to open a savings account with an annual interest rate of 4.5% compounded monthly and depositing a fixed amount of $150 into the account each month for 3 years. How much will the student expect to receive after 3 years? ii. Draw a cash-flow diagram that describes this situation from the student's perspective. How much interest in total was earned from the savings account

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