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solve this question Problem (11 marks) 1. Evan plans to retire in 25 years, when he is 65. He estimates that he will need $480,000

solve this question

Problem (11 marks) 1. Evan plans to retire in 25 years, when he is 65. He estimates that he will need $480,000 to supplement his company pension, How much money must he invest monthly, at 5% also compounded monthly, to meet his goal? (2 marks)

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