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Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual...

Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual rate is 3.3%. She plans to retire in 26 years with an amount of money that has the same buying power as $259,709 has today. If the anticipated rate of inflation if 2.4%, how much should each of her deposits be?

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The problem has solved assuming the compounding has done mothly for investment.

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