Kate wants to retire in 30 years so she decides to start a new retirement savings account. She wants to accumulate $500,000 by the time she retires She initially deposits $2000 dollars into the account. She will make further deposits at the end of each month. The account earns interest at a rate of 8 percent, compounded monthly. How much will she have to deposit into the account each month in order to reach her target of $500,000 after 30 years? Give your answer founded to 2 decimal place and do not include any units Anover