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AutoSave Insert Draw Home Page Layout Formulas Data Review View Tell me I Get Add-ins b? PivotTable Recommended Table Pivot Tables Pictures Shapes Icons Data from Picture My Add-ins Recommended Charts A1 1 x fx Question 10:25 Points B D E F G H 1 J 1 Question ID: 25 Points 2 3 Your friend is about to retire at age 65. She has been a diligent saver and has saved up $1,500,000 for retirement. She expects to invest this amount to fund a retirement of 30 years. Her plan is to be paid an 5 equal amount each month at the beginning of the month for the 30 years. She believes that her savings can earn 5% (APR, compounded monthly) over the 30 years. She does not expect to have any money left over at the end of 30 years. How much will she be paid each month? 4 6 8 9 10 11 12 13 15 16