Monica has decided that she wants to build enough retirementwealththat, if invested at 8 percent per year, will provide her with $4,400 of monthly income for 20 years. To date, she has saved nothing, but she still has 25 years until she retires.

How muchmoneydoes she need to contribute per month to reach her goal?(Do not roundintermediate calculationsand round your finalanswer to2 decimal places.)