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Mr Jones wants to retire with 1,500,000 in 30 years. He has 25,000 in his account. He expects to earn 6 percent compounded annually in

Mr Jones wants to retire with 1,500,000 in 30 years. He has 25,000 in his account. He expects to earn 6 percent compounded annually in his investment. How much does he need to deposit at the end of the month to reach his goal?

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