Ms$.$ Maryam Fatima is $30$ years of age, and her salary next year will be Rs$.40,000.$ Ms$.$ Maryam forecasts that her salary will increase at a steady rate of $5\%$ per annum until her retirement at age$60.$ If the discount rate is $8\%,$ what is the PV of these future salary payments? Moreover, if Ms$.$ Maryam Fatima saves $5\%$ of her salary each year and invests these savings at an interest rate of $8\%,$ how much will she have saved by age $60?$