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Suppose you want to have $400,000 for retirement in 20 years. Your account earns 7.8% interest. Round all answers to the nearest cent as needed.

Suppose you want to have $400,000 for retirement in 20 years. Your account earns 7.8% interest. Round all answers to the nearest cent as needed. a) How much would you need to deposit in the account each month? $ b) How much interest will you earn? $

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