Your sister just deposited $12,000 into an investment account. She believes that she will earn an annual return of 10.1 percent for the next 8 years. You believe that you will only be able to earn an annual return of 9.4 percent over the same period. How much more must you deposit today in order to have the same amount as your sister in 8 years

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as