Next, Miguel researches a certificate of deposit (CD) from a large, national bank. It has a an APY of 3.10%, has a term of 60 months, and compounds daily. Question 7 0.5 pts If Miguel only needs to save $3,500 for his down payment and wants to accomplish this goal in less than 3 years, which of the above savings accounts is the better option? The standard savings account from his local bank The online, high interest savings account O The CD from the large national bank Based on your selection of savings product in question 7, if Miguel still has an initial deposit of $200 and wants to save a total of $3,500 in exactly two years, how much should he save each month? Do not include commas or the $ symbol; only enter a numerical value. Next, Miguel researches a certificate of deposit (CD) from a large, national bank. It has a an APY of 3.10%, has a term of 60 months, and compounds daily. Question 7 0.5 pts If Miguel only needs to save $3,500 for his down payment and wants to accomplish this goal in less than 3 years, which of the above savings accounts is the better option? The standard savings account from his local bank The online, high interest savings account O The CD from the large national bank Based on your selection of savings product in question 7, if Miguel still has an initial deposit of $200 and wants to save a total of $3,500 in exactly two years, how much should he save each month? Do not include commas or the $ symbol; only enter a numerical value