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Suppose that you are 21 years old, and making retirement plans. You are starting to contribute monthly to your retirement account at the beginning of

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Suppose that you are 21 years old, and making retirement plans. You are starting to contribute monthly to your retirement account at the beginning of each month. You intend to do so until the age of sixty three and then ste the contributions. You will retire at age 67. You receive a 5% APR compounded monthly on your account. If you wanted an annual perpetuit- of $165000, how much per month should you contribute? a > $1535 $1525-$1530 $1520-$1525 O

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