XYZ Inc. management wants to establish an investment fund that will be used to pay for the retirement of the five original employees of the firm. These employees are expected to retire in four years plus one day The fund will need to pay each of the five employees $75,000 beginning the first day of retirement and then 19 more payments. A total of 20 $75,000 payments for each of the five employees. After the 20th payment to each employee the fund is expected to be depleted. The firm's investment manager believes that between today and the date of the final payment to the employees, the average annual rate of return will be 6% on all Invested monies all of the time. The company has $100,000 today to get the fund started and will add to the fund at the end of each year for the next four years (end of years 1 - 4) so that the fund has the needed amout when retirement begins for the employees (one day after the end of year 4). 1. How much needs to be in the fund at the end of 4 years from now so that the schedulecletirement payments can begin the next day? 2 How much needs to be invested at the end of years 1. 4 so that right after the final investment the fund is at a level to support all of the future payments