Question: plz solve now Problem II(24 points ) Solve the below independent questions (Show all your caleulations) 1) Sami tumed 30 today and wishes to retire

plz solve now

Problem II(24 points ) Solve the below independent questions (Show all your caleulations) 1) Sami tumed 30 today and wishes to retire after 35 years when he tums 65 . When he retires, he will be needing a monthly pension of 7000$ for 25 years. Sami also wishes to buy a car for a cost of $60,000 at year 45 . How much should he save monthly during the first 35 years to be able to meet his objectives? Assume an APR of 6% compounded monthly before retirement and an APR of 9 \% compounded monthly after retirement. (12points, Show all your computations)

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