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At age 20 when you graduate, you start saving for retirement. If your investment plan pays an APR of 6.0%, compounded monthly, and you want

At age 20 when you graduate, you start saving for retirement. If your investment plan pays an APR of 6.0%, compounded monthly, and you want to have $1.5 million when you retire in 45 years, how much should you deposit monthly?

$524.27

$664.27

$544.27

$634.27

None of the above.

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