b. Al-Ikhsan College offers students a choice of more than 30 different majors of study, including business, engineering, hospitality management and information technology. College personnel of Al-Ikhsan work closely with students to help them find financial aid. Amazingly, about one-half of the students at Al-Ikhsan College receive some kind of financial aid. Abdul Rahman Aziz had 3 years of experience when he went to work in Human Resources at AlIkhsan College at a salary of RM42,000. He began work on his 30th birthday. The college matches his contributions to his retirement plan up to 8% of his salary. Answer the following questions. Abdul Rahman decides to contribute a total of 10% of his salary to his retirement plan. So, American River contributes 8% and he contributes a full 10% of his salary. Find the total annual contribution to the retirement plan. (2 Marks) ii. For planning purposes, Abdul Rahman assumes he will work at Al-Ikhsan College until he is 60 and believes he can earn 8% per year in a global stock fund. Assume the contributions continue at the same level as in question (i) and estimate the future value. (2 Marks) iii. Assume that there are 422 full-time faculty