Question text[Total: 8 marks] Answer the following questions by filling in the blanks. Don't use any spaces, commas or "$" signs. Give answers as fractions using the forward slash (e.g. 1/2 or 3/4) if the answer is not an integer. Do NOT use brackets unless specified. Use - for any negatives. [Total: 1+2+2+1 = 6 marks] Lin’s mother will retire soon and intends to invest $400000 in one of the following options for 20 years. a. How many monthly payments would Lin’s mother receive over 20 years? (1 mark) Answer 1 Question 8[input] b. What monthly payment will Lin’s mother receive if she invests in the annuity? (2 marks)Please fill in the values you have entered into the Finance Solver to find your answer.All money values should be given correct to 2 decimal places unless otherwise instructed. [table] N | I (%) | PV | PMT | FV | P/Y | C/Y Answer 2 Question 8 | Answer 3 Question 8 | Answer 4 Question 8 | Answer 5 Question 8 | Answer 6 Question 8 | Answer 7 Question 8 | Answer 8 Question 8 [/table] Monthly payment , correct to 2 decimal places is $Answer 9 Question 8[input] c. What monthly payment will Lin’s mother receive if she invests in the perpetuity? (2 marks)Find your answer by completing the following table. [table] N | I (%) | PV | PMT | FV | P/Y | C/Y Answer 10 Question 8 | Answer 11 Question 8 | Answer 12 Question 8 | Answer 13 Question 8 | Answer 14 Question 8 | Answer 15 Question 8 | Answer 16 Question 8 [/table] Monthly payment $Answer 17 Question 8[input] d. How much interest will Lin’s mother earn over 20 years, if she chooses the perpetuity? (1 mark) Interest earned over 20 years is $Answer 18 Question 8[input]多项填空题