Jimmie has a job at an advertising agency earning $39,000 per year. Jimmie is currently 25 years old and wishes to retire at age 69 with a retirement income of $56,500. How much money would Jimmie need to invest each month into a growth stock mutual fund with an interest rate of 8 % in order to withdraw $56,500 per year without reducing the principal? Round your answer to two decimal places. Answer Tables Keypad