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Shu Gonneville plans to get a divorce in 14 years and will need another $257,020.00 before they can do so. Given an interest rate of

Shu Gonneville plans to get a divorce in 14 years and will need another $257,020.00 before they can do so. Given an interest rate of 5.00% compounded semi-annually, how much money do they need to set aside today?

a. $216,221.99

b. $233,124.72

c. $128,735.61

d. $129,812.57

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