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Velia Allgaeuer plans to buy a home in 1 years and will need another $282,340.00 before he can do so. Given an interest rate of

Velia Allgaeuer plans to buy a home in 1 years and will need another $282,340.00 before he can do so. Given an interest rate of 8.00% compounded daily, how much money does the need to set aside today? a. $261,425.93 b. $0.00 c. $282,339.83 d. $260,634.95

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