How much should you invest each month in order to have $500,000 if your rate of return is 4.9% compounded monthly and you want to achieve your goal in 40 years?

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How much interest will you earn?

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How much should you invest each month in order to have $500,000 if you want to achieve your goal in 20 years?

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If you deposit the amount you need to achieve your goal in 20 years, how much will your savings be worth after 10 years?

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