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Your employer offers a 401(k) plan with a 28% match, and you set a goal of retiring in 28 years with an amount of money

Your employer offers a 401(k) plan with a 28% match, and you set a goal of retiring in 28 years with an amount of money which has the same buying power that 2 million dollars has today. If the account earns an annual interest rate of 1.1% and the expected annual rate of inflation is 1.6%, how much should YOU contribute each month to the 401(k)?

Round your answer to the nearest dollar.

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