Calculating Annuity Values (LO1) Bilbo Baggins wants to save money to meet three goals. First, you would like to be able to retire in 30 years with an income of 20,000 monthly for 25 years and receive the first payment within 30 years and one month from now. Second, you would like to buy a cabin in Rivendell within 10 years, at an estimated cost of $380,000. Third, after If you die at the end of 25 years of retirement, you would like to leave him an inheritance of $900,000 to his nephew Frodo. You can afford to save $2,500 per month for the next 10 years. If you can earn a 10% APR before you retire and a APR of 7% after retiring, how much will you have to save each month from years 11 to 30