A. You would like to have a 10% down payment for a house valued at $150,000 in 3 years. You plan to put the money in your money market account earning 4%. How much do you need to save per year to reach your goal?

Group of answer choices

$3,585

$4,250

B. Using the information from the previous question, how much would you need to save per month?

Group of answer choices

$420

$393

$397

$5,030

$48,052

$4,805

B.