A 25-year old person wants to buy a house in Maine for family vacations in 10 years. a) Houses currently cost around $400,000. If real estate values appreciate by 2% per year, calculate what this person should expect to pay for a house in 10 years. b} if this person starts with $0, how much would he/she have to save each month to reach the goal if he/she can expect to earn.4% per month on investments. c) After this person sees the answer to b), he/she freaks out and wants to know how much the answer changes if the expected rate of return is a more aggressive .6% monthly d) Still not happy with the answer, he/she considers asking his grandmother for an advance on his inheritance to get the ball rolling. How much would grandma have to give him now to be able to only save $500 per month if the invetsments earn 0.5% per month. e) Let's assume grandma actually agrees to the advance in the amount calculated in (d), and it is invested. And that this person begins the savings/investing plan of $1000 per month. And the investments earn the 0.5% per month. What would this person's capital gain be after 10 years? If the capital gains tax rate in 10 years is 20%, how much would he/she have to surrender in taxes? B) What problem does this person face? Sheet1