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Use the savings plan formula to answer the following question. At ago 43. you start saving for returement. If your investmont plan pays an APR

Use the savings plan formula to answer the following question. At ago 43. you start saving for returement. If your investmont plan pays an APR of 6% and you want to have $1.3 million when you retire in 22 years, how much should you deposit monthly? You should invest $ each month. (Do not round until the final answer. Then round to two decimal places as needed)

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