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You just won $ 1 million in the lottery. You want to make sure you have at least $ 2 , 6 0 0 ,

You just won $1 million in the lottery. You want to make sure you have at least $2,600,000 when you retire in exactly 30 years from today. If the nominal interest rate is 11% compounded monthly, how much of the $1 million would you have to save today to reach your goal? Answer in dollars to the nearest cent (2 decimal places)

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