Question: IO OT DU (11 complete) This Test: 50 pts poss If you want to save $60,000 for a down payment on a home in 5

IO OT DU (11 complete) This Test: 50 pts poss If you want to save $60,000 for a down payment on a home in 5 years, assuming an interest rate of 4.9 percent compounded annually, how much money do you need to save each month? (Round to the nearest dollar.) A. $928 OB. $1000 O C. $907 OD, $887

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