1.Entrepreneur Roberto has dreams of opening a boutique hotel in Montreal, intending to kickstart operations in 9 years. The establishment requires an estimated 50,000 CAD for luxurious furnishing and renovations. Roberto considers investing 25,000 CAD in a hedge fund that has an average annual return of 6%. a. Will the returns from his hedge fund investment suffice to meet the initial costs of the hotel? b. If the present investment falls short, what is the minimum amount Roberto should initially invest to reach his financial target in 9 years