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9 . Corbin wants to accumulate $ 1 , 0 0 0 , 0 0 0 over the next 2 5 years by investing the

9. Corbin wants to accumulate $1,000,000 over the next 25 years by investing the same amount at the beginning of each month. If
he can expect a long-term rate of return of 8% compounded annually, how much must he invest each month?

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