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You want to build up a savings account to $400,000 over the next 20 years (~ 240 months), starting from zero. The monthly interest rate

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You want to build up a savings account to $400,000 over the next 20 years (~ 240 months), starting from zero. The monthly interest rate isr-006. What must your monthly deposit be, in order to hit your target? a. $623.45 b. $749.50 c. $855.27 d. None of these

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