Suppose you start saving today for a 11 000 down payment

Last updated: 2/23/2024

Suppose you start saving today for a 11 000 down payment that you plan to make on a condo in 6 years Assume that you make no deposits into the account after your initial deposit The account has monthly compounding and an APR of 3 6 How much would you need to deposit now to reach your 11 000 goal in 6 years OA 8865 95 OB 8896 81 OC 8721 15 OD 8871 66