On January 1, Finn Flensing Corp. establishes a debt retirement fund to pay off a $300,000 debt due in 8 years. If the fund earns interest at 6% and payments will be made monthly, starting January 1, what amount must be deposited each month? Round your answer to the nearest dollar. Select one: a. $4,606 b. $2,430 c. $3,943 d. $3,923 e. $17,045