1. Tara and Todd, both 23, have graduated and started working. Tara plans on contributing $1000 to an RRSP and at the end of each of the next 10 years then wont make further contributions until she retires at 65. Todd will wait until he is 33 to start contributing at which time hell contribute $1000 at the end of each year until he retires at 65. Assuming they both earn 8 % compounded annually, how much will Tara have at retirement? How much has she contributed in total? How much will Todd have at retirement? How much has he contributed in total? ( Using the financial calculator and please show your calculations).