QUESTION 2 Part A Danial's employer offers its workers an optional two-month unpaid vacation after seven years of service to the firm. Danial, who has just started working for the firm, plans to spend his vacation touring Europe at an estimated cost of RM34,000. To finance his trip, Danial plans to make an annual deposit of RM3,500 into a savings account at the end of each of the next seven years. The first deposit will occur one year from today. The account pays 8% annual interest. Required: a) Will Danial's account balance in seven years be enough to pay for the trip? (3 marks) 2 b) Suppose Danial increase his annual deposit to RM3,700. How large will his account be after seven years? (3 marks) c) If Danial can only make the same annual deposit of RM3,500, provide TWO potential suggestions with evidence, in order to assist Danial to achieve his plan for a vacation in Europe. (6 marks)