Question: Corbin wants to accumulate $ 2 , 5 0 0 , 0 0 0 over the next 3 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 answerto decimal places.Corbin must invest $ at the beginning of each month.
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