Nancy just had a cute baby girl. Nancy is planning to save for her daughter's college expense and she is considering a certified deposit (CD) offering APR 2.4 % with Monthly compounding or time deposit account offering an EAR of 2.41% Question 1. If you are Nancy's financial advisor, which one of the above two deposit account would you suggest to her? Why? Question 2. Suppose that she wants to save $150,000 to support her daughter's college education when her daughter turns 18, and she plans to deposit $600 monthly to above CD account with APR 2.4%. How many monthly saving should Nancy make to achieve her saving goal? Explain