You'd like to buy a small ranch when you retire in 30 years. You estimate that in 30 years you'll need $4,000,000 to do so.

You'd like to buy a small ranch when you retire in 30 years. You estimate that in 30 years you'll need $4,000,000 to do so. If you can earn 1% per month, how much will you need to invest each month (for 30 years), starting next month, in order to reach your goal?