answer question 2

Solve the problems below. Be sure to show your work. If you use the formula, be sure to write it out a long with each step. If you are using a financial calculator, be sure to write out your inputs (including if you switch you calculator from end mode to beginning mode). Rihanna has decided that she wants to build enough retirement wealth that, if invested at 6% per year, will provide her with $3,000 of monthly income for 30 years. To date, she has saved nothing but she still has 25 years until she retires. Rihanna believes that she can earn 6% on her investments until she retires. How much money does she need to contribute per month to reach her goal