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Please calculate this task by hand and show your steps. C_perpetuity 1 You wish to receive a pension of EUR 76,000 at the end of

Please calculate this task by hand and show your steps. image text in transcribed
C_perpetuity 1 You wish to receive a pension of EUR 76,000 at the end of each year, starting when you are 65 years old. How much do you have to save at the end of each year starting in 1 year, when you are now 39 years old. Your bank offers you a constant interest rate of 11.86%. You expect a constant annual inflation of 1.16%. (rounded to two decimal places) PV = C +861-679")

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