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Jacob wants to retire one day with $ 2 million. He just started his new job making $ 7 , 4 0 0 every month.
Jacob wants to retire one day with $ million. He just started his new job making $ every month. Jacob is excited that interest rates are so high now that he intends to invest the $ from his prior job's and purchase year Treasury bonds that pay per quarter assume he can continue to earn the same rate on additional savings while working At the end of years, he hopes to retire. If Jacob is paid once each month, how much must he save each month to reach his goal?
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