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You will retire in 48 months. Your retirement will last 300 months. You would like to have $5,000 per month for each month of your

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You will retire in 48 months. Your retirement will last 300 months. You would like to have $5,000 per month for each month of your retirement. How much would you have to invest today to exactly fund your retirement if your investments earn 5.00% APR (compounded monthly)? $808,991 $703,471 $855,300 $700,552

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