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Question 1: You are considering investing in a scholarship fund for your daughter. The fund operates in the following way: Starting in one months time
Question 1: You are considering investing in a scholarship fund for your daughter. The fund operates in the following way: Starting in one months time you would make regular monthly deposits of $50 for a period of eight years into a scholarship fund. Immediately after your final deposit the fund would pay $10,000 to your daughter to help her with expenses when she commences university study. a) Illustrate this scenario as a fully labelled time line diagram.
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