The information in the table shows how much a specific monthly contribution will result in after 7 years of investment with a 4% annual interest rate, compounded monthly. If the goal is to have at least $7,000 after 7 years, what is the minimum amount that the investor should invest each month? (1 point)
Unfortunately, the table or specific values of the monthly contribution and resulting amount after 7 years are not provided. Without this information, it is not possible to determine the minimum amount that the investor should invest each month to reach a goal of at least $7,000 after 7 years.
