Evol Online. Structured Activty: Miequired amuity perments Your father is 50 years old and will retire in 10 years, He expects to live for 25 years after he retires, until he is 85 . He wants a fixed retirement incene that has the same purchasing power at the time he retires as 540,000 has today. (The real value of his retirement income will decine annually after he retires.) His refisement moome will begin the coy he retives, 10 years from today, at which time he with receive 24 additional annal payments. Anrual inflation is expected to be 4%. He currenty tas $55,000 saved, and he expects to cam 10% annually on his savings. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and cerform the reguired analysis to answer the question below. Open spreadsheet How much must he tave daring each of the next 10 years (end-of-year deposits) to meet his retirement goal? Do not round your intermediate calculations, Round your answer to the nearest cent