L'Jarius Sneed wishes to save money to provide for his retirement in $19$ years. Beginning one month from now, he will begin depositing a fixed amount each month for the next $19$ years into a retirement savings account that will earn $7\mathrm{.}5\%$ compounded monthly. Then, one year after making his final deposit, he will want to withdraw $$70,300$ annually for $18$ years for his retirement. The fund will continue to earn $7\mathrm{.}5\%$ compounded monthly. How much should his monthly deposits be so that he will have enough money to purchase the annuity that pays $$70,300$ a year for $18$ years when he retires?

Multiple Choice

$$1,333\mathrm{.}44$

$$2,937\mathrm{.}74$

$$1,400\mathrm{.}11$

$$1,133\mathrm{.}42$