Today is March 31st, 2020. Alice is currently 30 years old and she hopes to retire at the age of 65. She is an engineer who works in Australia and is seeking for another job. Recently, Alice received three competing job offers from different recruitment companies. All the jobs will commence from 14 September. She is thinking whether she should accept one of these offers and is asking your views as a personal financial planner to work out the consequences associated with each option. Please see details as below. First offer: The first offer is a senior electrical engineer position which is located in Australia. The salary is $150,000 per year and is estimated to grow at 4% per year. Alice's current cost of living in Australia works out to be $60,000 per year. Second offer: The second offer is for a Principal Engineer in a large listed firm in Thailand. The base salary for this position is $30,000 more than first offer, and she expects this salary differential will grow at a rate of 3% per year as long as she keeps working. The relocation from Australia to Thailand will involve initial costs to be paid solely by Alice $50,000 due at the beginning of the first year in Thailand, and the cost of living during following years in Thailand is always going to be $30,000 per year thereafter. Third offer The third job offer that Alice is considering is for the Chief Technology Officer in Malaysia also starting September 1, 2020. The salary for this position is $50,000 more than first offer and she expects this salary differential will grow at a rate of 2% per year as long as she keeps working. The relocation from Australia to Malaysia to be paid solely by Alice is $60,000 due at the beginning of the first year in Malaysia, and the cost of living in Malaysia is always going to be $40,000 per year thereafter. a. Advise Alice on the best interest rates on saving accounts that are currently available. Please reference your interest rate. b. Prepare three Excel spreadsheets: Third Oter The third job offer that Alice is considering is for the Chief Technology Officer in Malaysia also starting September 1, 2020. The salary for this position is $50,000 more than first offer and she expects this salary differential will grow at a rate of 2% per year as long as she keeps working. The relocation from Australia to Malaysia to be paid solely by Alice is $60,000 due at the beginning of the first year in Malaysia, and the cost of living in Malaysia is always going to be $40,000 per year thereafter. a. Advise Alice on the best interest rates on saving accounts that are currently available. Please reference your interest rate. b. Prepare three Excel spreadsheets: Assume Alice saves all her income after deducting all her cost of living. Using the interest rate from Part A you found, analyse how much Alice would retire with assuming she retires on her 65th birthday if she i. Accept the job position in Australia; II. Accepts the job position in Thailand Accepts the job position in Malaysia. C. Based on the outcome of your analysis, what advice would you give Alice? Explain why? (250 words) + 2 173 Etat...pdf MMK101 T1 202.docx O Bi N @