You want to buy a house in five years, and will need $50,000 for a down payment. How much money do you need to save each month if you can earn 7.5% per year, compounded monthly. Select one: a. $700 to $750 per month b. Less than $600 per month c. $600 to $650 per month d. More than $750 per month e. $650 to $700 per month