Question: Question content area top Part 1 How much should you deposit at the end of each month into an investment account that pays 8 .

Question content area top
Part 1
How much should you deposit at the end of each month into an investment account that pays 8.5% compounded monthly to have $ 1 million when you retire in 38years? How much of the $ 1 million comes from earnings?
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Question content area bottom
Part 1
In order to have $1 million in 38years, you should deposit $
enter your response here each month.
(Round up to the nearest dollar.)
Part 2
$
enter your response here of the $1 million comes from interest.
(Use the answer from the previous step. Round to the nearest dollar as needed.)

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