You plan to "go green" and install solar panels on your home in 24 months.

The solar company has a payment plan whereby you will pay for the panels in 60 monthly payments (installments) starting in month 24.

Each monthly installment will be for $350 per month.

How much would you have to invest each month (the same amount in each month), starting in one month, for 23 months, to exactly pay for the solar panels, if your investments earn 4.00%APR (compounded monthly)?

Group of answer choices

$822

$856

$746

$796