You want to deposit sufficient money today into a savings account so that you will...

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Accounting

You want to deposit sufficient money today into a savings account so that you will have $1,000 in the account three years from today. Compute the difference between the amount of money you should deposit today if you could earn 3.5 percent interest and the amount of money you should deposit today if you could earn 3 percent interest.

$5.00

$13.42

$15.00

$15.99

$50.00

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