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Jasmine is 35 years old today and would like to have $800,000 by the time she turns 65 in order to retire. Jasmine estimates she
Jasmine is 35 years old today and would like to have $800,000 by the time she turns 65 in order to retire. Jasmine estimates she will be able to earn a 6% rate of return, compounding monthly, on her retirement investments over time. How much money must Jasmine deposit at the end of each month for the next 30 years to realise her retirement goal? A $792.44 B $796.40 C) $843.26 D) $1,904.76 E $4,796.40
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