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First, create assignment 2 and ( partly ) 3 to get a better idea of how to solve this assignment.Your teacher wins the lottery of

First, create assignment 2 and (partly)3 to get a better idea of how to solve this assignment.Your teacher wins the lottery of 20 million euros (in his dreams). He will put this entire amount in his (previously empty) savings account on December 30th,2023. The bank applies an interest rate of 0.6% on this savings account and only looks at the amount that is in the account on December 31st of the year. The bank then pays this interest at the turn of the year. For now, assume that the teacher wisely does not withdraw anything from his savings account.a) How many euros will be in the savings account on January 1st 2033?b) Build a simulation model using a Unit Delay block that simulates a year per simulation second, where the amount in the savings account is displayed on a Display block. The time corresponds to the year 2023. Hint: Double-click the Display block and change the setting to 'long'.The teacher chooses to live a more luxurious life and withdraws . every time for a year. This means that on 30 December 2023 there will only be euros left in the accountc) Adjust your simulation model such that ? it is withdrawn every time. What is the amount on the teacher's account on January 1st,2033? And on January 1,2123?The teacher begins to get used to the luxury and chooses to withdraw ., but only if the amount in his savings account exceeds 21 million eurosd) Adjust your simulation model so that the teacher withdraws ? for a year if his savings account contains less than 21 million euros and if his savings account contains more than 21 million euros. How many euros is now in the teacher's savings account on 1 January 2123?e) What is the average amount in the teacher's savings account between December 31st,2023 and January 1st,2123?

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