Question: 2) An individual looking to put a down payment on a home anticipates needing $27,000 in 24 months. Assuming a 5.5% return (monthly), how much

2) An individual looking to put a down payment on a home anticipates needing $27,000 in 24 months. Assuming a 5.5% return (monthly), how much needs to be saved each month? (3pts)

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) An individual looking to put a down payment on a home anticipates needing $27,000 in 24 months. Assuming a 5.5% return (monthly), how much needs to be saved each month? (3

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