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Sophia wishes to retire at age 65 with $1,600,000 in her retirement account. When she turns 28, she decides to begin depositing money into an

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Sophia wishes to retire at age 65 with $1,600,000 in her retirement account. When she turns 28, she decides to begin depositing money into an account with an APR of 9 % compounded monthly. What is the monthly deposit that Sophia must make in order to reach her goal? Round your answer to the nearest cent, if necessary. Formulas

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