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You presently have $ 6 0 , 0 0 0 in an account that earns interest at 6 . 0 % compounded monthly. You will

You presently have $60,000 in an account that earns interest at 6.0% compounded monthly. You will be making end of month deposits of $800 into the account for 12.5 years. How much will you need to deposit at the end of each month for 7.5 more years (for a total of 20 years) to accumulate $600,000?
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