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Ch E9-19 (Algo) Calculating a Retirement Fund LO 9.7 You are a financial adviser working...

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Ch E9-19 (Algo) Calculating a Retirement Fund LO 9.7 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 8% annual Interest. The client wants to deposit an amount that will provide her with $1000,500 when she retires. Currently, she has $300,200 in the account. (FV S1, PV of S1, EVA of S1, and PVA OC S1) (Use the appropriate factor(a) from the tables provided.) How much additional money should she deposit now to provide her with $1,000,500 when she retires? (Round your answer to nearest whole dollar) Additional deposit amount

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