All subjective answers is available, just for references

Jack, age 23, has recently decided to switch from attending college part-time to full- time in order to pursue his bachelor's degree in Healthcare Management. He aims to graduate within the next two years and knows that it will be a challenge to complete his course of study while still working part-time as a coffee barista in a 24- hour caf shop. Jack currently earns $2,500 a week and wants to keep his part-time job at the caf shop as he loves making coffee and creating his own specialty taste. He dreams of opening his own caf shop within the next five years. Jack lives at home and his parents pay for all the associated living expenses such as rent and utilities. Jack is carrying an outstanding balance on his credit card and is making regular monthly payments of $2,000 with hopes of paying off the debt within a year. Jack has also started depositing $20,000 a year in an investment account that earns 4% interest, in hopes of having the $100,000 down payment needed to start his caf five years from now. a. What is Jack's i. short-term financial and ii. intermediate financial goals? 4 marks b. Identify and explain TWO risks that Jack might encounter when making financial decisions over the next few years. 4 marks c. Suggest ONE personal opportunity cost that might be considered in Jack's situation? 2 marks d. Jack needs to save a total of $100,000 in order to start his caf. He is currently depositing $20,000 yearly in an investment account earning 4% interest. How much will Jack have accumulated 5 years from now in this investment account. Show all your calculations. 4 marks