Want to know the answer using simple interest Ron needs to save $60,000 for a down payment on his new house. He needs this money in 5 years Ron is planning on taking the $10.000 he olready has and...

Extracted text: Want to know the answer using simple interest Ron needs to save $60,000 for a down payment on his new house. He needs this money in 5 years Ron is planning on taking the $10.000 he olready has and adding month-end payments to his investment. If his investment will earn 6.5% compounded quarterly, how much will his month-end payments need to be? Round to two places after the decimal Enter negative sign-"in boxes as required 1/Y P/Y c/Y PV PMT FV Ron will need to make month-end payments of $