Bob Eveberhart wants to retire in 10 years. He's heard that he needs either 1 million or 10 to 12 times his current income of $60,000 saved. He doesn't have either. His goal now is to save, save,...

Bob Eveberhart wants to retire in 10 years. He's heard that he needs either 1 million or 10 to 12 times his current income of $60,000 saved. He doesn't have either. His goal now is to save, save, save. Saving can double his nest egg if the stock market continues to deliver 7% annually in this decade.  He sold his second car going to saving 500 per month.

How many shares can he purchase monthly with an NAV of $22.74? (Round your answer to the nearest cent):

Purchases: ?? Shares