Thomas is contemplating making regular deposits into a bank account in order to save money for his daughters university education. His daughter is currently 12 years old and should become a university student when she turns 19. BSP is offering Thomas a Savings Account package where he would need to make a monthly deposit of $600. BSP would pay a nominal interest rate of 5.5% compounded quarterly. Bank of Baroda is offering a package where Thomas would need to make a quarterly deposit of $1600 with a nominal interest rate of 6% compounded monthly. Which option would accumulate more funds for Thomas by the time his daughter goes to college. Draw the two corresponding Cash Flow Diagrams and calculate the difference between the amounts accumulated in the accounts at the two banks.