Francis opens our environment account with a gold document late 1,000,000 pesos by the time he retires from work 20 years. A bank offers. A retirement account, the space. 8%. Interest compounded annually through the 20 years. Francis expects his annual income to increase by 6% yearly and also wishes to increase his deposit at a rate of 6% assuming that he started to deposit at the end of year 1. What should be the size of Francis' first deposit at the end of year one and subsequent deposits will be made at the end of each year? The last deposit will be made at the end of year 20. a. What is the value of A if the bank decides to decrease the interest rate to 6% compounded annually? b. Determine whether to deal is a feasible one for Francis if the payment is ordinary annuity and annuity due. To create an endowment, which pays $100,000 per year, forever, how much must be set aside today in the rate of interest of 10% C. Francis opens our environment account with a gold document late 1,000,000 pesos by the time he retires from work 20 years. A bank offers. A retirement account, the space. 8%. Interest compounded annually through the 20 years. Francis expects his annual income to increase by 6% yearly and also wishes to increase his deposit at a rate of 6% assuming that he started to deposit at the end of year 1. What should be the size of Francis' first deposit at the end of year one and subsequent deposits will be made at the end of each year? The last deposit will be made at the end of year 20. a. What is the value of A if the bank decides to decrease the interest rate to 6% compounded annually? b. Determine whether to deal is a feasible one for Francis if the payment is ordinary annuity and annuity due. To create an endowment, which pays $100,000 per year, forever, how much must be set aside today in the rate of interest of 10% C