Malek will save $1,000 a year at the beginning of every year starting in 2 years' time. His investment will earn 5%, compounded monthly. What will his investment be worth in 10 years' time? 59,589 $10,079 $10,027 $11,646 Julia is retiring with a pension fund of $500,000. She expects her retirement to last 25 years. At a rate of 4%, compounded semi-annually, how much can she withdraw at the beginning of each year for 25 years? $11,941 $30,893 $32, 141 $11,478