Question 2: (10 Points) a. An investment will pay $320 at the end of each of the next 3 years, $450 at the end of Year 4. $520 at the end of Year 5, and $680 at the end of Year 6. If other investments of equal risk eam 8.25% annually, what is its present value? Its future value? b. Your client is 20 years old. She wants to begin saving for retirement, with the first payment to come one year from now. She can save $4,500 per year, and you advise her to invest it in the stock market, which you expect to provide an average return of 6.25% in the future. i. If she follows your advice, how much money will she have at 70? ii. How much will she have at 75? iii. She expects to live for 10 years if she retires at 70 and for 5 years if she retires at 75. If her investments continue to earn the same rate, how much will she be able to withdraw at the end of each year after retiement at each retirement age