Q. 1: Azam, who works as an engineer is 30 years old. He wants to leave his job at the age of 40 and forecasts that he can live comfortably on Rs. 40,000 per year in terms of today's rupee value. He can invest his savings at 30% compounded semi-annually. Assume an average inflation rate of 19% for the next 10 years. What equal amount should he save each year until he leaves (job) so that he can make withdrawals at the end of each year commencing from the end of the 11th year from now that will allow him to live as comfortably as he desires for 10 years beyond his retirement? (15)