You are interested in buying a condo that is under development. The condo will be completed in 2 years and money can earn 8.5% compounded daily. 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 $816000, how much must you set aside for The first payment? The second payment? What is the value of the condo today?