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7. Your employer offers a 401(k) plan with a 40% match, and you set a goal of retiring in 26 years with $594,845 in your

7. Your employer offers a 401(k) plan with a 40% match, and you set a goal of retiring in 26 years with $594,845 in your account. If the account earns an annual interest rate of 5.5%, how much should you contribute each month?

Round your answer to the nearest dollar.

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