An American investor invested $1000 USD in the FTSE index on Jan 1st 1971. The USD amount invested at the end of each month increased by 0.2% for the next 3 years. [$1000, $1002, $1004, etc.] (FTSE index is in British pounds). Individual retired at end of 1973. 1A) How much GBP was in the account at the end of 1973? 1B) After retiring the individual began withdrawing the equivalent of $10,000 at the beginning of every month from the account while leave the money invested in the FTSE index 1C) During retirement, when did the retiree withdraw the most GBP from his account? How much was it? 1D) How much money does the retiree have in the account at the end of the data? Please show all work.

Date	USD per GBP	FTSE index
1971-01-01	2.4174	136.26
1971-02-01	2.4160	137.03
1971-03-01	2.4168	133.68
1971-04-01	2.4193	142.68
1971-05-01	2.4178	159.17
1971-06-01	2.4196	164.82
1971-07-01	2.4184	167.95
1971-08-01	2.4535	180.4
1971-09-01	2.4847	181.01
1971-10-01	2.4914	181.25
1971-11-01	2.4937	177.75
1971-12-01	2.5520	182.53
1972-01-01	2.5937	193.39
1972-02-01	2.6059	201.9
1972-03-01	2.6163	213.9
1972-04-01	2.6110	217.7
1972-05-01	2.6130	226.5
1972-06-01	2.4410	217.4
1972-07-01	2.4498	206.4
1972-08-01	2.4483	218.4
1972-09-01	2.4195	222.7
1972-10-01	2.3405	199
1972-11-01	2.3522	206.2
1972-12-01	2.3480	221.7
1973-01-01	2.3817	218.2
1973-02-01	2.4900	196.5
1973-03-01	2.4755	189
1973-04-01	2.4890	189.6
1973-05-01	2.5661	190.7
1973-06-01	2.5810	192.6
1973-07-01	2.4990	192
1973-08-01	2.4580	181.9
1973-09-01	2.4135	175.6
1973-10-01	2.4385	181.4
1973-11-01	2.3430	186.8
1973-12-01	2.3225	162.5