Homework-Module 3 Hom 口 Relaunch Question 11, 4.C.25 > HW Score: 43.85%, 11.4 of 26 points Points: 0 of 1 Save

You want to purchase a new car in 9 years and expect the car to cost $86,000. Your bank offers a plan with a guaranteed APR of 4.5% if you make regular monthly deposits. How much should you deposit each month to end up with $86,000 in 9 years?
You should invest $_____ each month (Round the final answer to the nearest cent as needed. Round all intermediate values to seven decimal places as needed.)​