12) Mr. M. Marner is saving up for her retirement by depositing $238 into a savings account at the end of every month. At retirement he would like to receive beginning of the quarter payments of $12,345.67 for 30 years. If rates are expected to be 16% compounded semi-annually for the entire question, in how many years can he retire? (4 marks) (a) How much money does he need at retirement? (b) In how many years can he retire? 13) ABC company can invest $67,890.00 today in a project. The returns will $10,000 at the end of every year for 11 years and a special one-time cash INFLOW of $5,000 at the end of 11 years. Find the Rate of Return on this project (IRR-16.3-3 marks)