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How much should you deposit at the end of each month into an investment account that pays 7 . 5 % compounded monthly to have
How much should you deposit at the end of each month into an investment account that pays compounded monthly to have $ million when you retire in years? How much of the $ million comes from earnings?
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In order to have $ million in years, you should deposit $ each month.
Round up to the nearest dollar.
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