hi please solve ive given you the answer I just need you to please show me the calculations and equations you used thank you. You are $30$ years old today. You will start saving in one month. You will save every month up to $($and including$)$ your $60$th birthday. You will retire on your $60$th birthday. You will earn $7\mathrm{.}5\%$ per annum on your savings. You will commence withdrawing your retirement income one month after your $60$th birthday. Your retirement withdrawal is $$6000$ per month. You will make your last withdrawal on your $95$th birthday. You also want to give your children a gift of $$525000$ on your $95$th birthday. Your rate of return in retirement is only $3\mathrm{.}5\%$ per annum $($because you invest in less risky securities$).$ How much should you save each month for retirement? Round your answer to $2$ decimal places. The answer is $1192\mathrm{.}08$ each month please explain how this is the answer