Retiring on a fixed income in this problem means that you are living only from the interest of your investments. For example, if you had one million dollars earning a return of 7%, then you would be living off $70,000 per year. (0.07)$1,000,000=$70,000 Moreover, it is important to realize that money is a function of time. For example if we assume inflation to be 6%, then $10 of buying power today would require $33.20 twenty years from now to have the same purchasing power. $10e(0.0620)=$33.20 Suppose you wish to retire in 43 years on a fixed income equivalent to $80,000.00 in today's dollars. Also suppose that inflation over the coming 43 years is 3.5 percent on average. How much money, per month, will you need to invest starting now, with zero initial investment, to attain the necessary nest egg for retirement if your investment pays a 5.9 percent yield? Round your answer to the nearest dollar. Retiring on a fixed income in this problem means that you are living only from the interest of your investments. For example, if you had one million dollars earning a return of 7%, then you would be living off $70,000 per year. (0.07)$1,000,000=$70,000 Moreover, it is important to realize that money is a function of time. For example if we assume inflation to be 6%, then $10 of buying power today would require $33.20 twenty years from now to have the same purchasing power. $10e(0.0620)=$33.20 Suppose you wish to retire in 43 years on a fixed income equivalent to $80,000.00 in today's dollars. Also suppose that inflation over the coming 43 years is 3.5 percent on average. How much money, per month, will you need to invest starting now, with zero initial investment, to attain the necessary nest egg for retirement if your investment pays a 5.9 percent yield? Round your answer to the nearest dollar