Miguel Lpez is 22 years old and has started his working life, as he is far-sighted, he has decided to save a certain amount of money per year (constant) that allows him to retire when he reaches 60 years of age to enjoy the product of his work. He estimates that he will require 500,000 pesos annually and considers that he will need this amount until he is 85 years old (25 years from his retirement, beginning to receive said money at 61 years of age). The annual rate is 8% compounded annually. I. How much should you save annually to reach your goal?