Suppose that you just turned 30 today and have resolved to finally start saving for retirement. Based on your anticipated expenses, you and your financial advisor have determined that to live comfortably you must save $3 million by your 65th birthday. You have decided that starting today and continuing on every birthday up to your 65th birthday, you will deposit the same amount into an individual retirement account (IRA). If you can earn 8% on your investments, then the amount you must set aside each year to make sure that you will have $3 million in your account on your 65th birthday is