A young female lecturer who is from the Department of Arts MSULA University has approached you with her problem; she is 35 years of age. She plans to work for the next 30 years until retirement age of 65. Her main worry is about life after employment which she believe she can do with $1 500 per month. She wants to begin her savings from now onwards, putting aside equal amounts into a savings aceount. Interest rate is expected to remain at 7% p.a compounded monthly. Determine the amount of her monthly deposit if she is expected to die at 99 years of age