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( 5 ) You currently have 1 7 items and would like to have 2 0 items next year. If you expect the price of

(5) You currently have 17 items and would like to have 20 items next year. If you expect the price of this item to increase by 2% next year, approximately what nominal rate would you need to earn in order for you to be able to afford the increase in the number of items?
(Please show how to solve this with excel formulas I have to write in yellow boxes. Thank you so much)
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