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You are planning to buy your 1 st home in 6 years which will cost you $ 6 5 0 K . You qualify for

You are planning to buy your 1st home in 6 years which will cost you $650K. You qualify for $400K of mortgage and you need another $250K. You decided to save the money to get to that $250K. If the market interest rate is 6%, how much you will have to save every year for the next 6 years?
Question 12 options:
a.$35,850
b. $35,840.60
c. $35,840.66
d. Just over $35,000

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