We are now in the middle of 2020 and Daisy Lewis is saving to buy an apartment in Jumeriah Village Circle in 6 years. The estimated price of the house at the time of purchase is $550,000 and Daisy plans to put down a 15% deposit. Suppose that Daisy can invest her savings in a local bank that pays a 9.25% interest rate per year. a. Calculate the amount that Daisy will need to invest today to reach her investment goal in the future. b. Determine the amount of money that Daisy will need to invest each year in order to reach her investment goal.