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Susan's goal is to retire with $1,000,000 in her retirement account. The local bank advertises an APR of 12% with monthly compounding on retirement fund

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Susan's goal is to retire with $1,000,000 in her retirement account. The local bank advertises an APR of 12% with monthly compounding on retirement fund accounts. If she retires in 40 years how much should Susan save each month to reach her goal? $213 $85 $157 $96

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