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mayuri is saving up for a new microwave. if she needs $261 in 4 months, how much money must she put in her savings account

mayuri is saving up for a new microwave. if she needs $261 in 4 months, how much money must she put in her savings account today? assume that the savings accounts pays 4% and is compounded monthly

$259.64

$257.55

$244.77

$235.65

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