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You are working on a retirement savings plan. You will deposit money every month for the next 40 years (480 months total) in your account. You think you will earn 0.7% per month during this time. If your retirement goal is to have $2 million in 40 years, how much do you have to deposit each month? What if your goal is to have $3.5 million?

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Financial Management, Finance

Category:- Financial Management
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