PARTIAL CREDIT-- You must use Excel equations and functions (25 pts) Max is planning his retirement 25 years from now. Currently, he has $75,000 in his investment. He plans to add $1,000 each month for the next 25 years (ordinary annuity) to this account. His investment will earn 9 percent compounded monthly. Max will earn 2.5 percent compounded monthly on his investment during retirement. He plans to withdraw $7,000 each month from his retirement account for 30 years. How much can he leave his heirs at the end of the retirement period? (How much remains in the investment at the end of retirement?) Saving Period Initial Balance Total Length Savings amount Rate during Savings (APR) $75,000 25 years $1,000 per month 9.00% annual 30 years Retirement Period Withdrawal Period Length Rate during Retirement Withdrawal amount Inheritance 2.50% $7,000 per month