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To live the life you want to be able to live when you retire, you determine that you will need to have saved $1,300,000 by

To live the life you want to be able to live when you retire, you determine that you will need to have saved $1,300,000 by the time you retire in 43 years. Your Registered Retirement Savings Plan (RRSP) earns 3.5% compounded monthly.

What will your monthly RRSP contribution have to be if you start from $0 and make contributions every month?

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