10. The Smith family plans to buy a new house within three years for $ 200,000. They will take a mortgage loan to 30 years at the time of purchase. The lenders Mortgages generally base the analysis of the loan on the gross income of the family, considering 25% of the entry to the application of the loan payment. The family Smith anticipates that the family income will be approximately $ 48,000 at the time of purchase of the house. The mortgage interest rate is expected to be close to 9% at that moment. The loan will not provide enough cash for the purchase of the house. The family will need have enough cash saved for the early payment be able to cover the difference of the purchase. They have a bank account that pays 6% computed quarterly in which they have already saved $ 10,000. They plan make quarterly deposits from now until the moment of the purchase to save the remaining. How much should each be Deposit