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You are interested in buying a condo that is under development. The condo will be completed in 284 days and money can earn 5% simple

You are interested in buying a condo that is under development. The condo will be completed in 284 days and money can earn 5% simple interest. The developer requires two equal payments: one when the development is half finished, plus the remainder due when the development is completed. The advertised price of the condo is $589000, how much must you set aside for The first payment? $ Incorrect The second payment? $ What is the value of the condo today?

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