Annuities. Toomas has two main financial goals in his life. His first wish is to retire in 35 years and receive a pension of 10,000 euros every month for 20 years. Secondly, his great wish is to bequeath 1,000,000 euros to his daughter Karin after his death, which is expected to happen exactly 20 years after his retirement. You may assume that in the first 10 years from today, Toomas can save a maximum of 1,800 euros every month. Your task would be to find how much Toomas should save monthly during the remaining 25 years until his retirement in order to fulfil his financial goals. You may assume that the interest rate is 6% per year (or equivalently 0.5% per month) and it remains constant during the entire time horizon considered in this example.