6. You think it would be great to be able to buy your own place in 10 years and so want to start saving for a down payment. If you knew you could earn 6% annually over the next 10 years, how much would you have saved under the following savings schemes: a. $6,000 a year for the next 10 years b. $3,000 every 6 months (semiannually) for the next 10 years c. $1,500 every 3 months (quarterly) for the next 10 years d. $500 every month for the next 10 years 7. Your goal is to have $100,000 saved up after 15 years so that you can use it as a down payment on a home. Assuming that you can invest at an annual rate of 6% over those 15 years, how much would have to save: a. Annually b. Semiannually c. Quarterly d. Monthly