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You want to retire exactly 40 years from today with $1,940,000 in your retirement account. If you think you can earn an interest rate of

You want to retire exactly 40 years from today with $1,940,000 in your retirement account. If you think you can earn an interest rate of 10.03 percent compounded monthly, how much must you deposit each month to fund your retirement?

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$4,041.67
$303.98
$362.30
$301.46
$324.24

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