Question: Z instructions Question 1 1 pts Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual rate is 4%.

Z instructions Question 1 1 pts Martha starts
Z instructions Question 1 1 pts Martha starts saving for her retirement by making monthly deposits into a retirement account whose annual rate is 4%. She plans to retire in 25 years with an amount of money that has the same buying power as $260,564 has today. If the anticipated rate of inflation if 2.3%, how much should each of her deposits be? Round your answer to the nearest dollar

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