1. If Naomi invests in a stock portfolio she hopes her returns for 10 or more years will average 10%-12%. Naomi realizes that the stock market has higher returns because it is a more risky investment than a savings account or a CD. she wants her calculations to be conservative, so she decides to use 8% to calculate possible stock market earnings. How much will she need to invest annually to accumulate $1,000,000 in the stock market? 2. After looking at the results of her calculations, Naomi has decided to aim for$500,000 savings by the time she retires. She expects to have a starting salary after college of$25,000 to$35,000 and she has taken into account all of the living expenses that will come out of her salary. What will Naomi's annual deposits need to be to accumulate $500,000 in an investment at 6%? 3. If Naomi decides that she will invest $3,000 per year in a 6% annuity for the first ten years, $6,000 For the next ten years and $9,000 for the next ten years, how much will she accumulate? Treat each ten- year period as a separate annuity. After the ten years of an annuity then it will continue to grow at compound interest for the remaining years of the 30 years.