Question: Q 1 . [ max 5 / 2 0 pt ] In two years from now you are supposed to make 3 annual payments of

Q1.[max 5/20 pt]In two years from now you are supposed to make 3 annual payments of 10000 at the end of the next three years. How much do you need to annually save at the end of each year to have the amount requested by the beginning of the third year?If you have a net annual salary of 15000, would you be able to pay the 3 amounts? Comment on it.Assume that the rate of return is 5%.[Evaluation.1/20 is assigned for the timeline. 3/20 pt are assigned for the right assumptions and calculations. 1/20 pt is attributed for the commentary]

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