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T.C. wants to have $2,150,000 on the day he retires 30 years from now. He has an investment account with a balance of $125,000 today.

T.C. wants to have $2,150,000 on the day he retires 30 years from now. He has an investment account with a balance of $125,000 today. The account will earn 9.75% for the next 30 years.

How much does T.C. need to add the account each month, in order to reach his goal of $2,150,000 on the day he retires?

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