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Austin wants to invest money every month for 25 years. He would like to have $250,000 at the end of the 25 years . If
Austin wants to invest money every month for 25 years. He would like to have $250,000 at the end of the 25 years. If he invests in an account at 6.6% per annum compounded monthly, .
a) Determine how much Austin should invest each month?
b) How much interest will Austin receive?
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