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Melisa turns 30 years old today. She will make monthly deposits of $1,300 beginning today and ending on her 65th birthday (421 total deposits). Then
Melisa turns 30 years old today. She will make monthly deposits of $1,300 beginning today and ending on her 65th birthday (421 total deposits). Then whe will withdraw $xxx per month beginning one month after her 65th birthday and ending on her 85th birthday (240 total withdrawals) at which time she will have exactly $1245000 remaining in her account. Assume a 6% per annum interest rate. please show work on paper
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