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You estimate that you will need $1,500,000 when you retire in 45 years to finance your retirement. To reach your retirement goal, you will make

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You estimate that you will need $1,500,000 when you retire in 45 years to finance your retirement. To reach your retirement goal, you will make a monthly payment into a retirement account. The retirement account pays an APR of 6%. What must be the size of your monthly payment in order for you to reach your retirement goal. A. $544.27 OB. $284.38 C. $496.38 OD. $869.54 E. $507.91

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