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Seema needs $500000 at the beginning of her retirement. Seema expects to retire in 25 years and she will earn an average rate of return
Seema needs $500000 at the beginning of her retirement. Seema expects to retire in 25 years and she will earn an average rate of return of 6% compounded monthly on her investments. How much must Seema deposit at the end of each month in order to reach her retirement goal? A. $687.32 B. $721.51 C. $743.99 D. $680.16
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