Padayappa has now retired after 40 years of employment. He just made an annual deposit to his investment portfolio and realized he has $1,550,000 (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. Parta 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 +5. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Part b What is the buying power of his $1,550,000 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 +50. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Partc If he could buy a TV 40 years ago for $600, what would a comparable one cost today if the consumer electronics inflation rate is - 3 percent?$ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +1. e Textbook and Media Save for Later Attempts: 0 of 3 used Submit