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Tom and Antonio both want to open savings accounts earning equal compounded interest today. Tom wants to have $ 1 , 0 0 0 in

Tom and Antonio both want to open savings accounts earning equal compounded interest today. Tom wants to have $1,000 in his savings account six years from now. Antonio wants to have $1,000 in his savings account three years from now. Tom will need to deposit twice the amount of money today as Antonio.
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