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How much will you need to deposit each month

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Reference no: EM132068433

You expect to retire in 30 years. Ater you retire, you want to be able to withdraw $4,000 from your account each month for 15 years. 

If your account earns 7% interest compounded monthly, how much will you need to deposit each month until retirement to achieve your retirement goals?

Reference no: EM132068433

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