Question: Question 18 2 pts Abby and Dora are the same age. Abby started to invest 10 years ago when she was at age 22. Abby
Question 18 2 pts Abby and Dora are the same age. Abby started to invest 10 years ago when she was at age 22. Abby decided to invest $1,000 per month as soon as she turned 22. The annual interest rate for Abby is 9 percent Abby and Dora are at age 32 now. Dora starts to invest $ per month. Dora's account earns an annual interest rate of 12 percent. Both of them will invest until the age of 60. Dora knows how much Abby will have when Abby turns 60. If Dora wants to save the same amount of money as Abby does, how much does Dora need to invest every month? (Do not round intermediate calculations. Round your answer to 2 decimal places.) $
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