Lindsay is living with her mother but looking to purchase her first home. She just graduated from Concordia and landed her first full-time job; she has no savings. The property she is eyeing is $150,000. She wants a conventional mortgage. She figures she can save $975 at the beginning of each month and earn 7% compounded monthly. Approximately, how many years will it take her to accumulate the minimum required down payment for a conventional mortgage? a) 3.6 years b) 4.32 years c) 1.98 years d) 2.82 years e) 2.35 years