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SOLVED: 3 PostgreSQL API in R (15 pt)Complete following tasks in R using PostgreSQL API:• 1. Make a connection to your local PostgreSQL database.• 2. Query the PostgreSQL database via API to get the original bank data. (The bank datathat you import to PostgreSQL database in Q 1.1) Store the data into a dataframe.• 3. Calculate asset growth rate for each quarter and each bank. (asset growth rate = (currentquarter value - previous quarter value) / previous quarter value). The result start fromseco

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