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Sam is 22. She hopes to retire at 63 and draw $3,500 (at 6%) a month until she is 91. At age 40, Sam wants
Sam is 22. She hopes to retire at 63 and draw $3,500 (at 6%) a month until she is 91. At age 40, Sam wants to use $30,000 to make a down payment on a house. How much should Sam put away each month (at 12%) to reach her goal?
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