(10 pts) A company needs to buy a building in 4 years, and must fund the down payment from its profits. The purchase will cost $400,000, of which the company can finance (borrow) $300,000 at 7%. If the company must make the purchase in 4 years and can receive 12% APR on its savings, compounded monthly, how much must the company save each month to have the required down payment in 4 years