Q3. As a bright 24-year-old UNT student, you expect your next year salary (net of taxes) to be $65,000. You forecast that this salary will increase at a rate of 3% per year. You are planning to retire at the age of 65. You are planning to save 5% of your salary each year, and place these savings in investments that yield 8%. How much will have you have saved for you retirement after 40 years of hard work? Note: Please, use 8% also as the discount rate. b. a. During the 20 years of retirement, you are planning to spend equal amounts of your savings each year. How much can you spend cach year