Travis International has a one-time expense of $1.30 million that must be paid two years from today. The firm can earn an APR of 6.20%, compounded monthly, on its savings. How much must the firm save each month to fund this expense, if the firm starts investing equal amounts each month, starting at the end of this month? a. $57,734 b. $24,905 c. $51,017 d. $105,289 e. $106,803