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 $1,200,000 over the next 20 years by investing the same amount at the beginning of each month if he can expect a long-term rate of return of 8.2% compounded annually, how much must he invest each month? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Corbin must invest $ at the beginning of each month.
Corbin wants to accumulate $ 1 , 2 0 0 , 0 0 0

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