4 Suppose you are committed to owning a $195,000 Ferrari. You believe your mutual fund can achieve an annual rate of return of 8 percent and you want to buy the car in 7 years. How much must you invest today to fund this purchase assuming the price of the car remains constant? Multiple Choice $124,208.16 $113,780.63 $87,911.08 $98,019.82 4 Multiple Choice $124,208.16 $113,780.63 $87,911.08 $98,019.82 $109,446.60