Question: Your client, a builder, knows that he will need to replace his aging truck in four years' time at a cost of $90,000. He

Your client, a builder, knows that he will need to replace his aging truck in four years' time at a cost of $90,000. He has access to an account that will pay 6% Interest per annum, Compounded Monthly. i. ii. How much money must your client deposit each month into the account to have $90,000 purchase price for the new truck? How much Interest will your client earn, in total, on this account?

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