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A 30-year-old worker plans to retire at age 65. He believes that $800,000 is needed to retire comfortably. How much should be deposited now

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A 30-year-old worker plans to retire at age 65. He believes that $800,000 is needed to retire comfortably. How much should be deposited now at 8% compounded monthly to meet the $800,000 < retirement goal? Click the icon to view some finance formulas. The amount that should be set aside is $ (Round up to the nearest dollar.)

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