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A part time student hopes to have $20,000 available for a down payment on a house when she graduates from her program in 2 years.

A part time student hopes to have $20,000 available for a down payment on a house when she graduates from her program in 2 years. How much does she need to deposit each month into an account that earns 4.06% interest in order to save $20,000 in 2 years? Use two decimal place accuracy

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