Question: Suppose you start saving today for a $35,000 down payment that you plan to make on a house in 8 years. Assume that you make

Suppose you start saving today for a $35,000 down payment that

Suppose you start saving today for a $35,000 down payment that you plan to make on a house in 8 years. Assume that you make no deposits into the account after the initial deposit. For the account described below, how much would you have to deposit now to reach your $35,000 goal in 8 years An account with daily compounding and an APR of 4% You should invest s Do not round until the final answer. Then round to two decimal places as needed.)

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