Mary Kate, Ashley, Dakota, and Elle each want to buy a new home. Each needs to save enough to make a 25% down payment. For example, to buy a $100,000 home, a person would need to save $25,000. At the end of each year for four years, the women make the following investments

Person	Annuity Payment	Type of Account	Expected Annual Return
Mary Kate	$2,400	Savings	2%
Ashley	3,400	CDs	4
Dakota	4,400	Bonds	7
Elle	4,400	Stocks	11