Problem#2 (30pts ) . Draw a cash flow as part of the solution. You want to accumulate $1500,000 at retirement so you decide to start investing $8000 starting one year from now in an account that earns 12% interest compounded yearly. Will you be able to reach your goal to retire by the age of 65 if you currently are 20 years old? 65-205 Problem #3 (30pts). Draw a cash flow as part of the solution Maintenance costs on a machine are estimated at $20,000 per year for the first 10 years, followed by two separate $10,00G expenditures at end of years 13 and 17. The expected life of the machine is 20 years. If the interest rate per year is 590.What is the equivalent uniform annual expense over the entire 20 years? Problem #4 (10pts) Formulate problem # 2 with the interest of 12% compounded every six months