cheek Required Annuity Payments Ascuna tavour father is now 50 years old, punto retire in 20 years, and expects to live for 25 years after he retires that untilage. He wants his first retirement payment to have the same nurchasing power at the time he retires as $45,000 has today. He wants to his subsequent rarement payments to be eval to his first retirement payment. (Do not let the retirement payments grow with inflation. Your father realizes that if inflation occur the real value of this retirement income will decline year by year after he retres). His retirement income wil begin the day he retires. 10 years from today, and he will then receive 24 section annual payments. Inflation expected to be the per year from today forward. He currently has $150.000 saved and expects to eam a retutto savings of 9 per year with anal compounding. To the nearest collac how much must be save during each of next 10 years with equal deposits being made at the end of each year, beginning a year trom today) to meet his retirement goal? (Note uither the amount be saves nor the amount he withdraw upon retirement a growing any Do not found intermediate calculation. Round your name to rest alla