Question 3 I am investing $50,000 right now and will add $8,000 each year for the next 10 years. The expected return of this investment is 6.5% per year. (a) Compute the amount you will be expected to have at the end of the tenth year. (5 marks) For each of the following sub-question, assume that only one variable of the investment is changed, while all other variables remain identical to the ones you used to compute the result of sub-question (a) (b) Compute the amount expected at the end of the tenth year if initial investment contribution was increased by $10,000. (2 marks) (c) Compute the amount expected at the end of the tenth year if you withdrew from the investment $10,000 at the end of the sixth year instead of contributing S8,000. (5 marks) (d) (e) Compute the amount expected at the end of the tenth year if the expected return becomes 3.25% compounded semi-annually and you contribute $4.000 every six months instead of $8,000 every year. (5 marks) Determine the amount expected at the end of the fifteenth year assuming you carry on investing $8,000 every year and the expected return for year 11 to 15 is 7%. (5 marks) Determine by which year your investment will reach the $100,000 mark. (3 marks) END OF ASSIGNMENT