Question 3 (11 Marks) a. Differentiate a safe investment from a speculative investment. Give an example of each. 4 marks b. As a civil servant, Peter has an annual salary of $300,000 with monthly expenses $18,000. What is the minimum amount of money that he should set aside in an emergency fund? Briefly explain. 3 marks C. According to some financial experts like Suze Orman, how much of an investment portfolio should a 28-year-old have in growth investments? 2 marks d. According to some financial experts like Suze Orman, how much of an investment portfolio should a 45-year-old invest in safe (non-growth) investments? 2 marks