Sarah knows that she needs $62000 for a 25% down payment on a house she can afford. she found an investment that earns 1.25% interest compounded monthly. how much should she put in the account now, rounded to the nearest dollar, to ensure she has the down payment amount in five years? a. $58,246 b. $54,722 c. $17,993 d. $29,423

Answer is c :)

I have all the work out on paper and this is what I got, checked it with my teacher and it is correct.

yes

step-by-step explanation:

you have to wait a while to reward brainliest if only one person answers. if 2 people answer there should be a "mark brainliest" on their question.

i cant fully remember all of the ranks, here are the ones i remember.

hand, ambitous, ace, genius.