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Donald and Melania will be retiring in five years and would like to buy a lake house for cash. They estimate that they will need

Donald and Melania will be retiring in five years and would like to buy a lake house for cash. They estimate that they will need $329,000 to buy the house. If they can earn 4% on their money, over the next five years, how much must they invest at the end of each month to have accumulated enough by retirement?

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