VILLLUCHILLICIUL When you are finished, submit the completed assignment as an attachment. Question #1: Your friend has $10 000.00 and is considering an investment in stocks, a guaranteed investment certificate (GIC), or rare collectibles. Choose one of the three investments mentioned above and indicate one advantage and one disadvantage for your choice. (2 marks) Question #2: When she turned 25, Alexa began investing $400.00 monthly into a mutual fund account producing average returns of 6.00%, compounded monthly. Alexa will stop contributing when she retires at age 55. a) How much money will her investment be worth at retirement? Show your work. (2 marks) b) Alexa will withdraw $2500.00 per month from her account after retiring. If the average return rate stays the same, how old will she be when the account balance is zero? Show your work. (2 marks) Question #3: You are presented with two different investment plans: Plan A: Invest $1000.00 every year for 10 years at an interest rate of 6.00%, compounded monthly. Plan B: Invest a lump sum of $10 000.00 at an interest rate of 6.00%, compounded monthly for 10 years. a) Determine the value of each investment plan after 10 years. Show your work. (3 marks) b) Calculate the total amount of interest earned for each plan. (1 mark)