7. You want to have $35,000 saved 6 years from now to buy a house. How much less doyou have to deposit today to reach this goal if you can earn 5.5 percent rather than 5percent on your savings? Today's deposit is the only deposit you will make to this savings account.

A.$733.94

B.$791.18

C.$824.60

D.$845.11E.$919.02

Answer rating: 100% (QA)

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