Mathematics, 25.05.2021 21:20 jaystarr603
PLEASE HELP FAST!!
You are looking to save money so that you can put a down payment on a house in 7 years. If you are to put
your money in an annuity that is paying 0.90%. You are anticipating on buying a house that costs $300,000. Hence,
most down payments are 3% of what the cost of the house is, therefore your goal is save $9,000. Calculate how
much you need to save per month (answer needs to be to 2 decimal places).
Answers: 3
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