Business School issue: Assignment #1: Part I, ll & III Topic: Time Value of Money Due: Session 4, Fall Spring 2019 Please show all your calculations! Part I. In 6 years you are planning on retiring and buying a house in France. The type of house you looking at currently cost $220,000 and is expected to increase in value each year at a rate of 2.8 percent a. Assuming you can earn 6.5 percent annually on your investments, how much must you are invest at the end of the next 6 years to be able to buy your dream home when you retire? How much do you need to invest today, as a single investment, to be able to buy your dream home in France? b. 4 pts