your clients bill and bob want to pay in cash instead of borrowing. they need 25,000 to spend on a tractor trailer in 4 years. theyve got 7,500 already. they plan to add to savings each month to the money market brokerage account. (7,500 is in it) they expect to earn 1.45 % on the account.

how much do they need to save at the end of each month to reach their goal?