Ken, the Director of Finance in a prominent hotel has been planning a $30,000 extravagant vacation this year to mark his 10th year of wedded anniversary. He has been investing $1,000 into an investment fund at the end of each month at a rate of 12% for the past two years. The impact of covid-19 derailed his plans somewhat as he was made redundant from his job after being with the company for 35 years. His severance package was a hefty sum but the uncertainty surrounding the pace of economic recovery made Ken thought wisely about his future financial stabililty. Ken needed a new car but despite his current access to cash he decides to buy the car in five years time, opting to make an investment now at 12 percent with the hope of amassing $250,000 then He is also of the opinion that given the rampage of covid-19 and its potential medium-to-long- term effect, an investment that provides regular cashflow would help in the interim. He purchased an investment at 6% that will give him $1,000 at each of the next three years, $2,000 at the end of year 4, $3,000 at the end of year 5 and $5,000 at the end of year 6. As his financial guru buddy, he asked you to help him assess his financial position guided by the questions or statement below. A Despite Ken's redundancy, would he have succeeded with his vacation investment? B c. How much should Ken have invested monthly to have realized his goal? What would be a reasonable sum for Ken to invest now so that he can reach his goal of buying the car? What is the total cashflow of the investment and how much is it worth today? D