Mathematics, 10.03.2021 18:10 Slay2020

Sandy knows that she needs $82,000 for a 15% down payment on a house she can afford. She found an investment that earns 3.25% interest compounding monthly. How much should she put in the account now, rounded to the nearest dollar, to ensure she has the down payment amount in 5 years? (4 points)

$12,034
$38.915
$69,717
$72.374

Answers: 1

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Sandy knows that she needs $82,000 for a 15% down payment on a house she can afford. She found an in...