Bilbo Baggins wants to save money to meet three objectives. First, he would like to be able to retire $30$ years from now with retirement income of $$24,500$ per month for $25$ years, with the first payment received $30$ years and $1$ month from now. Second, he would like to purchase a cabin in Rivendell in $10$ years at an estimated cost of $$345,000.$ Third, after he passes on at the end of the $25$ years of withdrawals, he would like to leave an inheritance of $$1,525,000$ to his nephew Frodo. He can afford to save $$2,600$ per month for the next $10$ years. If he can earn an EAR of $11$ percent before he retires and an EAR of $8$ percent after he retires, how much will he have to save each month in Years $11$ through $30?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Answer is complete but not entirely correct.

$\backslash$table$[[$Monthly savings,$$,16,508\mathrm{.}38ox$