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need help with this problem, will upvote, thanks! Ruby wishes to retire at age 65 with $1,200,000 in her retirement account. When she turns 25
need help with this problem, will upvote, thanks!
Ruby wishes to retire at age 65 with $1,200,000 in her retirement account. When she turns 25 , she decides to begin depositing money into an account with an APR of 8% compounded monthly. What is the monthly deposit that Ruby must make in order to reach her goal? Round your answer to the nearest cent, if necessary. Formulas Step by Step Solution
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