Lycaon Pictus wishes to study painting in Paris and is saving money to enroll in art school. Lycaon wishes to enroll in art school two years from now. He estimates that art school will cost $1,111 per month for three years. Assume that the first expenditure of 1,111 will occur 24 months from now, and the final one will be sixty months from now). Lycaon currently has $9000 already saved. How much additional money must Lycaon save each month (starting in one month from now, and ending in 23 months from now) to be able to have enough cash to pay for his studies? The monthly interest rate is 0.4167%