PE You intend saving $90 per month for a year in order to afford a new phone when it is released in a year's time. You will deposit $90 at the end of each month into a savings account that pays interest at 3%p.a.compounding monthly. How much will you have in the account at the end of one year? (note that answers have been rounded to the nearest 10c). $1,097.60 $1,094.90 $1.277.30 $1,080.00 2 pts Question 6 The new phone you want to buy will cost $1,330 when it is released in a year's time. You have just inherited some money and rather than saving $111 per month, you intend placing some of what you have inherited into the savings account that pays 9%p.a. compounding monthly. How much will you need to deposit today so that you will have exactly $1,330 in one year's time? (note that answers have been rounded to the nearest 10c). $1,320.10 $1.215.90 $1,220.20 $472.80