19. Teacher Kaye is saving 2.000 every month by depositing it in a bank that gives an interest of 1% compounded quarterly. How much will she save in 5 years? 20. A recently married couple wants to establish a trust fund that will serve as their savings fund for their future family. The trust fund will pay the couple 50.000 per year for 20 years after being deferred for 10 years. It will eam 4% interest compounded quarterly and is to be paid quarterly. How much is the present value of the trust funds Solution:​