Your sister has just deposited $12,500 into an investment account. She believes that she will...
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Accounting
- Your sister has just deposited $12,500 into an investment account. She believes that she will earn an annual return of 10.2% for the next 9 years. She believes that she will only be able to earn a 9.6% annual return over the same period.
- How much more must you deposit today to have the same amount as your sister in 9 years?
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