t Problem as (20 pts) On her 2sh birthday, a young woman engineer decides to start saving toward building up a retirement fund that pays!2%interest compounded monthly. She feels that $1,000,000 worth of purchasing power in today's dollars will be adequate to see her through her sunset years after her 60m birthday. Assume a general inflation rate of a 3% per year a. If she plans to save by making equal monthly deposits, what should be the amount of her monthly deposit in actual dollars? Assume the first deposit is made at the end of first month A72 a- a. lf she plans to save by making end-of-year deposits increasing by 4% over each subsequent year, how much would her first deposit be in actual dollars? b, /A P/A,b,I 355,383.91 CP/A/ )-Gouy,35 a the al Ameunt beianse igives us the nt ressl 52 1 oves the yesrs Suppose her retirement living expenses will increase due to inflation. Determine the annual spendin plan in line with the inflation (A), assuming she lives 25 years after retirement. c