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Randy Hill wants to retire in 4 0 years with $ 1 , 0 0 0 , 0 0 0 . If he can earn

Randy Hill wants to retire in 40 years with $1,000,000. If he can earn 9.6% APR on his investments, how much does he need to deposit each month to reach his goal?
Group of answer choices
$178.49
$552.13
$350.00
$250.59
None of the above

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