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Sarita Witcher wants to begin saving for a new home. Based on the type of house that she is targeting, she feels that she will

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Sarita Witcher wants to begin saving for a new home. Based on the type of house that she is targeting, she feels that she will need $90,000 for the down payment. She currently has $45,000 in a savings account. Her annual salary is $120,000 per year and she feels that she should have an emergency fund of six months of monthly expenses in her savings account to meet unexpected expenses and needs. Her average monthly expenses are $5,600. She feels that any amount beyond the emergency fund number can be used toward her down payment savings goal. How much does she need to save per month over a three year period if she expects to earn an average rate of 9.00% per year? O A. $1,824 O B. $3,437 OC. $1,779 O D. $2.306 OE. $1,398

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