Carry all interim calculations to 5 decimal places and then round your final answer to 2 decimal places. The tolerance is \pm 0.05 . 7. Padayappa has now retired after 40 years of employment. He just made an annual deposit to his investment portfolio and realized he has $2,450,000 (not counting home, cars, furniture, etc.). His money has been earning 7 percent per year, and inflation has been running 4 percent per year over the past 40 years. Part a What equal amount of money did he put into his investment at the end of each year?\$ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is \pm 5 . Partb What is the buying power of his $2,450,000 in terms of a base 40 years ago? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is \pm 50 . Part c If he could buy a TV 40 years ago for $300, what would a comparable one cost today if the consumer electronics inflation rate is -3 percent? $