An ambitious entrepreneur turned 20 years old on January 1, 2020. She plans to retire at 30 on January 1, 2030. Because of expected advances in technology...and her youthful hubris...she plans to live forever and therefore wants to have an investment perpetuity of S100,000 per month beginning January 31, 2030 and at the end of every month thereafter to sustain her lifestyle. Her investments earn compound interest of 1% cach month. To provide the funds for this investment, she invested an initial S1,000,000 on January 1, 2020 and will invest the remaining value through 120 equal monthly installments beginning January 31, 2020 through December 31, 2029. How much must each monthly investment be in order to provide the necessary funds for the retirement perpetuity? Round to the nearest dollar. Numeric Response