You are a financial adviser working with a client who wants to retire in eight years. The client has a savings account with a local bank that pays $9$ percent annual interest. The client wants to deposit an amount that will provide her with $$1,001,500$ when she retires. Currently, she has $$300,600$ in the account. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1)$

Note: Use the appropriate factor$($s$)$ from the tables provided.

Required:

How much additional money should she deposit now to provide her with $$1,001,500$ when she retires?