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Assume you just deposited $ 1 , 0 0 0 into a bank account. The current real interest rate is 3 % and inflation is

Assume you just deposited $1,000 into a bank account. The current real interest rate is 3% and inflation is expected to be 5% over the next year. If you are saving to buy a stereo that currently sells for $1,050, the difference between your saving and the stereo price is $______. Keep zero decimal place.
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