A company that does business in real estate buys properties in a metropolitan area. The company has a policy of making an offer of 20 percent less than the advertised price for cash sale. If one out of five vendors accept such an offer, find the probability that for the next 100 offers that will be made, between 14 and 35 vendors (inclusive) will accept the company’s offer? Use normal approximation of the binomial distribution with continuity correction.

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