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Samantha wants to have saved enough money by the time she is 60 to invest it and earn a $4000 monthly income for the rest
Samantha wants to have saved enough money by the time she is 60 to invest it and earn a $4000 monthly income for the rest of her life which she estimates will be 25 more years. If he can earn 8% annually, compounded monthly on invested money, how much does she need to save each month for the next 40 years to get the retirement she has planned?
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