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You are a financial adviser working with a client who wants to retire...

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Accounting

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 $1,000,000 when she retires. Currently, she has $300,000 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 $1,000,000 when she retires?
Note: Round your answer to nearest whole dollar.
Additional deposit amount
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