you are able to save 200 /month, you decided to save those 200 per month in a bank account that offers a 5% interest rate compounded yearly, till the day you retire (that is to say, in 25 years).

If you decide to do your deposits at the end of every month (similarly to question 1, so your first deposit will be in one month from today) in a bank account that offers a 5% interest rate compounded yearly, and the deposits will increase in a 0.04% month after month, and you keep on doing so for the next 25 years:

a) Draw the timeline (at least the first five periods) with its corresponding numeration of periods and cashflows in their corresponding points.

b) How much money will you have at the end?