True or False? brief explanation pls.

1. The main objective of financial management is to maximize profits.

2. The main objective of financial management is to minimize cost

3.The main objective of financial management is to maximize market share

4.The main objective of financial management is to maximize shareholder wealth

Problems brief solution.

1. If money is worth 9% compounded quarterly. How much must a man save every three months to accumulate 100,000 in two years?

2. To create a fund 1,000,000, how many deposits of 48,000 must be placed AT THE BEGINNING of each month if money accumulates at the interest of 6%compounded monthly?

Thanks