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Four years ago, your grandfather gave you a $56,607 cash gift. You would like to invest this money so that you can give it to

Four years ago, your grandfather gave you a $56,607 cash gift. You would like to invest this money so that you can give it to your grandchildren 49 years from today. How much additional money will you have to gift to your grandchildren if you can earn an average of 8.31% APR instead of 8.01% APR on your savings?

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