QUESTION 4 Your client is 40 years old; and she wants to begin saving for retirement, with the first payment to come one year from now. She can save $5,000 per year, and you advise her to invest it in the stock market , which you expect to provide an average return of 9% in the future. Required: a) If she follows your advice, how much money will she have at 65? (3 Marks (3 Marks b) How much will she have at 70? c) She expects to live for 20 years if she retires at 65 and for 15 years if she retires at 70 If her investments continue to earn the same rate, how much will she be able to withdraw at the end of each year after retirement at each retirement age? (3 Marks) d) ABC Company wishes to invest a sum of money today in an investment that grows the rate 12% per year so that ABC may withdraw C 10.000.000 at the end of every year for the next 10 years. How much must be invested? (3 Marks) c) EBEYAYEE" Ltd. has a goal to have GH50,000 saved by the time she turns sixty- five, which is forty years from now. Assuming she can make 6% on her money, wha is the value of that money now