2. Mrs. D who 27 years old plans to retire at the age of 55. Mrs. D would like to be able to withdraw $132,000 per year from her retirement account for 454 years after retirement beginning the year after her retirement. She is also expecting an inheritance of $54,000 to be transferred to her on her 35th birthday. a How much does she need to have in her retirement account by retirement- date if the interest rate is 6% per year during the post-retirement years?- b Suppose she already has $12,000 in her retirement investment account that earns 9% per year. What will be the value of this amount by her retirement date? c Given her goal, her expected inheritance, and the investment she already has in lb, how much does she need to invest per year from now till retirement (at 9% annual rate of return) in order to reach her retirement goal? 3. Suppose you bought a $60,000 truck which is 100% financed at 10% annual rate for 7 years. a How much will your monthly payments be?- b What will be your total payment at the end of the 7 years?- c After 7 years, how much of your total payment is interest?- 4. For a 35-year old individual who hasn't made any TFSA contribution since 2009, what is the maximum contribution that he/she can make this year