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1. You are trying to pay for retirement in 20 years, and currently you have $100,000 in savings account and $300,000 in stocks. Assume your

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1. You are trying to pay for retirement in 20 years, and currently you have $100,000 in savings account and $300,000 in stocks. Assume your savings and stock accounts each earn 5%/year compounded monthly. How much will you need to deposit at the end of each month so that you will have $1,000,000 @ the end of 20 years

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