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Uncle Moneybags has $500,000 saved for retirement. He has an account earning 8% interest. If Uncle Moneybags wants to be able to make withdrawals for

Uncle Moneybags has $500,000 saved for retirement. He has an account earning 8% interest. If Uncle Moneybags wants to be able to make withdrawals for 15 years, how much can he withdrawal each month? Round to the nearest cent.

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