Your company plans to purchase some new equipment with an estimated cost of $1.42 million two years from now. Your company earns 5.1% compounded monthly on its savings. How much does the company need to save at the beginning of each month if it wants thpay cash for this purchase? Select one: a. $54,109.63 b. $56,087.61 c. $58,215.40 d. $56,325.99 C e. $51,258.26