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Suppose you plan on saving money at the end of each month in an account that earns 4.2 percent compounded monthly. How much do you

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Suppose you plan on saving money at the end of each month in an account that earns 4.2 percent compounded monthly. How much do you need to deposit each month to have a balance of $51,128 at the end of 7 years? (Do not round any intermediate calculations. Round your final answer to 2 decimal places and enter it in the box below.)

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