A company has agreed to pay $$4\mathrm{.}9$ million in $5$ years to settle a lawsuit. How much must it

invest in an account paying $9\%$ annual interest compounded monthly to have that amount

when it is due?

What is the interest rate per period?

$i=$

$($Type an integer or decimal rounded to four decimal places as needed.$)$

The company should invest $

$($Do not round until the final answer. Then round to the nearest dollar as needed. Use the

answer from the previous step to find this answer.$)$