Geraldine commences full time employment at the age of 23 years with a gross salary of $35000% p.a Her employer is required to contribute 9.5% of her gross salary to the superannuation fund. a. How much does Geraldine's employer contribute to the superannuation fund per half year? Employer's contribution b. Tax on superannuation is at a rate of 15% p.a. How much is paid into Geraldine's account per half year? Tax of superannuation = $ Geraldine plans to retire at 65 years: c. Determine the expected fund balance of the account with an expected return of 6.35% compounded half yearly number of compounding periods = Expected fund balance = $ ii) Determine the growth interest of this investment interest = $ d. Geraldine has investigated superannuation funds and found one, with the same interest rate, but the contributions are paid monthly. By how much would the balance of her superannuation fund at 65 years of age, increase? Regular super payments per month = (Tax of superannuation per month)