Your Older Sister Deposited $5,000 Today at 8

Multiple Choice

Your older sister deposited $5,000 today at 8.5 percent interest for 5 years.You would like to have just as much money at the end of the next 5 years as your sister will have.However,you can only earn 7 percent interest.How much more money must you deposit today than your sister did if you are to have the same amount at the end of the 5 years?

A) $321.19
B) $360.43
C) $387.78
D) $401.21
E) $413.39