QUESTION 6 XYZ is planning to save $65 a month for 3 years. He plans to make his first contribution to his account in 1 month from today. If he expects to have $2,993.29 in his account in 3 years from today, immediately after making his last payment, then what is the EAR that he expects to earn on his account? a. 17.60% (plus or minus 0.02 percentage points) ob.16.32% (plus or minus 0.02 percentage points) C. 29.41% (plus or minus 0.02 percentage points) d. 16.64% (plus or minus 0.02 percentage points) The correct answer is 0.00% or a negative number, or the correct answer is a positive number, but none of the above is within 0.02 percentage points of the correct