Suppose you invest $150 each month for 7 years into an account earning 5% compounded monthly. After 7 years, you leave the money in the same account, without making any additional deposits, to the account for another 3 years.

a) Draw and label a descriptive timeline.

b) How much will you have in the end?

c) What is the total of deposits you paid?

d) What is the total interest you earned?

e) Compare the ending amounts if the monthly deposits continued for the entire 10 years.