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4. Problem 5.0 Reaching a Financial Goal) book Alison and Ledle who are twins, just received $45.000 each for the 20th birthday. They both have

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4. Problem 5.0 Reaching a Financial Goal) book Alison and Ledle who are twins, just received $45.000 each for the 20th birthday. They both have aspirations to become oneires. Each plans to make a $5,000 annual contribution to her early retirement fundon her birthday, beginning year from today Alon pened an account with the Safety First Bond Fund, a mutual fund that invests in high-quality bonds whose investors have earned as per year in the past Leslie invested in the New Issue BioTech Fund, which invests in small, newly issued biotech stocks and whose investors have earned an average of 13% per year in the fund's relatively short history of the two women's was een the same renums in the future as in the past, how oid will noch be when she becomes a millionaire? Do not round intermediate calculations. Round your answers to two decimal blecer Alison How tore would hors annual contributions have to be for her to become a nettonare at the same age a te, in their expected returns are realised? Do not found intermediate calculations, Round your answer to the nearest cent. $ Istrational or Wrational for Alan to west in the band und rather than in socks 1. Hon expected returns in the market are almost always accompanied by a lot of risk. We couldn't say whether Alison is rational or ratione, just that she seems to have less tolerance for risk than 11. hexpected to the market are almost anys companied by ww could say whether Allison is rational or irrational, jest that she seems to have more tolerance for risk thon Leslie 1. High expected returns in the market are almost always accompanied by a lot of risk. We couldn't say whether Allison is rational or irrational, just that she seems to have more tolerance for risk than High expected retum in the market are almost away accompanied by six we could say whether Alton is rational or irrational at that she seems to have bees tolerance for risk than ese Highespected returns in the market are almost always accompanied by a lot of risk. We couldn't say whether Allison rational or irrational, Just that she seems to have about the same tolerance for does Le das than det Grade it Now Save & Continue

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