求解答financial management 的题目

求解答financial management 的题目jack has accumulated savings of 180000,conservatively invested, the investments are yielding 9 percen interest. He also has 12000 in a saving account at 5 percent interest.He also receive 750 per month in social security payments for the rest of his life. the payment are indexed for inflation. they will be automatically increased in proportion to changes in the cpi.Suppose JACK will live for 20 more years and is willing to use up all of hisinvestment porfolio over that period. he also wants his monthly spending to increase along with inflation over the period. Inflation rate will continues to yield a 4percen, and investment porfolio to yield a 9pecent.Q1: How much can jack spend each year? Ignore inflationQ2: How much is the total real income per year?Q3: How much will Jack's income and expenditure be in 15 years.