9a) Your current goal is to have $18,400 in the bank three years from now. Youve decided to grow your money via making a series of equally-sized monthly deposits into a savings account at the Bank of the North. Your first deposit will occur one month from today. Subsequent deposits will be monthly (and of equal size). Youll make a total of 36 monthly deposits. The bank currently pays an EAR of 6.53% with monthly compounding. How much money will you need to deposit in one month in order to meet your goal? Enter your answer as a positive value with at least 4 digits of precision.

9b) Your current goal is to have $18,400 in the bank three years from now.

Youve decided to grow your money via making a series of equally-sized monthly deposits into a savings account at the Bank of the North. Your first deposit will occur one month from today. Subsequent deposits will be monthly (and of equal size). Youll make a total of 36 monthly deposits.

The bank currently pays an EAR of 6.53% with monthly compounding.

How much money will you need to deposit in one month in order to meet your goal?

Enter your answer as a positive value with at least 4 digits of precision.