Question: At age 3 6 , you start saving for retirement. If your investment plan pays an APR of 4 % and you want to have

At age 36, you start saving for retirement. If your investment plan pays an APR of 4% and you want to have $1.2 million when you retire in 29years, how much should you deposit monthly?
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Part 1
You should invest $
each month.
(Do not round until the final answer. Then round to two decimal places as needed.)

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