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Kyle's investment manager offers him an interest rate of 9 . 0 % compounded monthly on his investments. If the manager changes his mind and

Kyle's investment manager offers him an interest rate of 9.0% compounded monthly on his investments. If the manager changes his mind and offers him a rate of 9.0% compounded annually how much more would he have to deposit at the end of each year in order to accumulate $450,000 in 20 years?

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