Question: You have been having a fixed amount taken out of your paycheck at the end of every month for the past 8 years. These funds

You have been having a fixed amount taken out of your paycheck at the end of every month for the past 8 years. These funds have been invested in a retirement account that has earned an average annual return of 11% over this period. You just looked at account balance, and it equals $91,718.45. How much have you been saving each month?

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