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Ruby wishes to retire at age 6 5 with $ 1 , 9 0 0 , 0 0 0 in her retirement account. When she

Ruby wishes to retire at age

65

with $

1, 900, 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.

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