• Godfred wants to invest Ghs 10000 today. He also decides to invest Ghs 500 every month. Godfred is aged 25 years. Assuming interest rates are 10%p.a, how much will he have in his account when he retires at age 65? Sam, Ama and Tina are 35, 45 and 55 years respectively. They want to adopt a similar strategy. How much will they also have when they retire