Question: FIN 3063 Perfect Score: 14 in-Class Exercise (Ch) Name A 20-year-old college student want to save $3 a day for her retirement. Every day she

FIN 3063 Perfect Score: 14 in-Class Exercise (Ch) Name A 20-year-old college student want to save $3 a day for her retirement. Every day she places 33 in a drawer At the end of the year she invests the accumulated savings (51.095) in a brokerage account with an expected annual return of 12% 1) How much money will she have when she is 65 years old? (Draw a timeline and use both the omul and financial calculator methods (pte) 2) How much must a 40-year-old investor needs to deposit annually to catch the 20-year old when the investor becomes 65 years old ? (Draw a timeline and use both the formula and financial calculator methods) (7pts)

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