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Today, your friend deposited $7,500 into her saving's account that offers an annual rate of return of 9.2 percent. Unlike your friend, your saving's account
Today, your friend deposited $7,500 into her saving's account that offers an annual rate of return of 9.2 percent. Unlike your friend, your saving's account only offers an annual return of 8.4 percent. How much more should you deposit today in your saving's account in order to have the same amount as your friend's account in 10 years?
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