Divide the answer to Exercise 55 by 12 to find the monthly contribution Ruslana will make.

Ruslana wants to use her \(401(\mathrm{k})\) to save \(\$ 1,400,000\) when she retires in 36 years. She assumes the plan will yield \(11 \%\) compounded annually. Her company will match contributions up to \(5 \%\) of annual salary. Her salary is \(\$ 48,000\).

Data from Exercises 55

How much will Ruslana need to contribute per year, after the employer contribution?