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Poppy wants to have exactly $2,000,000 in her retirement account when she retires 40 years from now. If she opens an account today that will
Poppy wants to have exactly $2,000,000 in her retirement account when she retires 40 years from now. If she opens an account today that will earn a nominal annual rate of interest of 8% compounded monthly, how much money should she deposit into her account at the end of every month for the next 40 years to accomplish this goal?
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