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Today you turn 30. At the age of 60 you want to retire with one million dollars in your retirement account. If you can get

  1. Today you turn 30. At the age of 60 you want to retire with one million dollars in your retirement account. If you can get 0.4% effective monthly interest rate, how much do you deposit in your pension account monthly starting next month? a) $1233.44 b) $1246.65 c) $1258.85 d) $1275.64 e) $1352.56

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