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Michael wants to have $67,000 in 8 years on a savings plan that requires monthly contributions. If he can earn 6 percent APR with monthly

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Michael wants to have $67,000 in 8 years on a savings plan that requires monthly contributions. If he can earn 6 percent APR with monthly compounding on the savings plan, what is the amount that he will have to invest every month for the next 8 years? Round it to two decimal places and d not include the $ sign, e.g., 1234.56. Your

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