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Elanti is 30 years old today and wants to retire in thirty years. If Elantl saves monthly in an account that pays a stated annual

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Elanti is 30 years old today and wants to retire in thirty years. If Elantl saves monthly in an account that pays a stated annual rate of 3%, then he should save $_per month to accumulate $1,000,000 in thirty years. The first payment will be made next month. 1) 995.51 2) 1,354.24 3) 1.716.04 4) 1,556,33 O 5) 1,14263

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