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Manpreet just won the lottery. She would like to use some of her winnings to set up a retirement fund that will be used to
Manpreet just won the lottery. She would like to use some of her winnings to set up a retirement fund that will be used to provide her with payments of $3,500 at the beginning of each month for 20 years once she is retired. She plans on retiring in 18 years. If her retirement account is expected to earn 5.88% compounded monthly (112), how much should she put aside today
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