2. Assume Sajid Rashid is 25 years old now, and will retire at the age of 60. He wishes to plan the following. (4 Marks) 1. Save Dh. 1200,000 for his son is educational expenses for the next 25 years. 2. Save Dh. 900,000 for his daughter's marriage which he thinks will be after 15 years from now 3. He shall go on world tour two years after his retirement, and he has calculated a cost of Dh. 2000,000 for this. 4. He will need Dh. 50,000 each month after his retirement for the next 20 years. Find how much he shall have to save and invest monthly to meet all of the above expenditures if wants to save from today till his retirement. Assume a rate of return of 12% throughout the whole period.