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Question 7 (3.3 points) Betty is saving for the down payment of a house. She has $16,000 to invest today and can earn 4% annually

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Question 7 (3.3 points) Betty is saving for the down payment of a house. She has $16,000 to invest today and can earn 4% annually on her investment. If Betty needs 20% of the house price in down payment, what will be the house price that Betty can afford in 6 years? A) $93,676 B) $101,226 C) $114,952 ni 481 429

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