You expect to retire in 25 years. After you retire, you want to be able to withdraw $3000 dollars from your account each month for 30 years.

If your account earns 10% interest compounded monthly, how much will you need to deposit each month until retirement to achieve your retirement goals?

You expect to retire in 25 years. After you retire, you want to be able to withdraw $3000 dollars from your account each month for 30 years.

If your account earns 10% interest compounded monthly, how much will you need to deposit each month until retirement to achieve your retirement goals?

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