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A financial advisor tells you that you can make your child a millionaire if you just...

A financial advisor tells you that you can make your child a millionaire if you just start saving early. You decide to put an equal amount each year into an investment account that earns 7.55 interest per year, starting on the day your child is born. How much would you need to invest each year (rounded to the nearest dollar) to accumulate a million for your child by the time he/she is 35 years old? (your last deposit will be made on his/her 34th birthday)

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