Situation 4 Savings for postgraduate studies Andrea's parents, a high school student, decided to give their daughter $ 100,000 for her postgraduate studies that she will study abroad in 5 years, and they also plan to save an additional $ 2,000 each month during this same time, since they estimate that their studies and support will cost approximately $ 1,500,000. The banking institution offers you to invest the $ 100,000 and the monthly savings in a financial instrument that provides you with a fixed nominal interest rate of 5% per year, compounded monthly. If Andrea's parents continue with the original plan, that is, investing $ 100,000 in a financial instrument that provides an interest rate of 4% capitalized monthly and also save $ 2000 monthly at the same rate during the same term, after the 5 years how much money do they have? [Value 3 points] Select one: a. $ 132,597.95 b. $ 124,541.65 c. $ 254,697.62 d. $ 222,099.66