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How much should you deposit at the end of each month into an investment account...

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Basic Math

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How much should you deposit at the end of each month into an investment account that pays 7% compounded monthly to have $5 million when you retire in 38 years?How much of the $5 million comes from interest?Click the icon to view some finance formulas.In order to have $5 million in 38 years, you should deposit $ each month.(Round up to the nearest dollar.)

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