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9 years from now, you plan to buy a house for $300,000

Finance

9 years from now, you plan to buy a house for $300,000. The down payment is 10% of the house value ($30,000). 
If you can earn 2.50% interest. compounded annually, on your savings, how much do you need to deposit today to have $30,000 in 9 years? 
(Round your answer to the nearest hundredth: two decimal places. Also, if your answer is an even number, enter it with two decimal places; e.g., 34.00) 

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