Question: Corbin wants to accumulate $ 1 , 2 0 0 , 0 0 0 over the next 2 0 years by investing the same amount
Corbin wants to accumulate $ over the next years by investing the same amount at the beginning of each month if he can expect a longterm rate of return of compounded annually, how much must he invest each month? Do not round intermediate calculations and round your final answer to decimal places.
Corbin must invest $ at the beginning of each month.
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