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Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual rate is 4 % . She plans to retire

Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual rate is 4%. She plans to retire in 24 years with an amount of money that has the same buying power as $265,060 has today. If the anticipated rate of inflation if 2.3%, how much should each of her deposits be?

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