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You plan on working for the next 35 years before retiring and you would like to accumulate $2,000,000 when you stop working. If you start
You plan on working for the next 35 years before retiring and you would like to accumulate $2,000,000 when you stop working. If you start today, how much will you have to deposit each month to reach $2,000,000 at retirement? Assume you will average a 7.00 percent annual rate of return and deposits will be made at the end of the month.
Report the final answer as dollars and cents.
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