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A 25-year-old decides that her goal is to retire at age 65 with at least $2,000,000 in savings. The company investment annuity offers 8.5% annual
A 25-year-old decides that her goal is to retire at age 65 with at least $2,000,000 in savings. The company investment annuity offers 8.5% annual returns, compounded monthly. What amount will she need to invest each month? And how much interest in earned? Round to the nearest cent.
*No comma or dollar sign required for final answer.
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