This is finance problem. Please provide all your work.

10. You have $500 to invest, and are choosing between two projects, both of which cost SE01!) up front and will yield six years of returns. The returns for the first investment will start at $120 {in nominal 5] a year from now and increasing at 3% annually. The returns for the second start at $130 (in real 5] and increase at 1% annually. If your real hurdle rate is 5% and the expected inflation rate is 2.5%, which of these inyestments should you choose (if any)? 3. lI"ou are hired by a company that offers a illllkl retirement plan. You would like to save enough in this plan so that when you retire in 51] years you have an account balance of $2.8 million. You plan to make monthly contributions, and expect a real annual return of 6%, compounded monthly. How much should you deposit each month to reach your goal