A 20-year-old student wants to save $5 a day for her retirement. Every day she places $5 in a drawer. At the end of each year, she invests the accumulated savings ($1,825) in a brokerage account with an expected annual return of 8%. 05 (1) If she keeps saving in this manner, how much will she have accumulated at age 65 ? (2) If a 40-year-old investor began saving in this manner, how much would he have at age 14 , 65 ? (3) How much would the 40 -year-old investor have to save each year to accumulate the 23 same amount at 65 as the 20 -year-old investor? What is the present value of the tollowing uneven cash flow stream: I he annual interest 30 rate is 4%