Ardsley Rabinovich, whose 32^nd birthday is today, would like to retire to an island paradise when he becomes 70 years old, and estimates that he will need $2.3 Million to make this possible. His investment advisor has recommended an investment which will pay him an APR of 8.84%, compounded monthly. Ardsley has told his advisor that the maximum he can invest each month is $700. Will Ardsley be able to reach his goal ? If not, how much more would he have to invest each month ?