Acquire a luxurious boat; this is the fourth objective (2050). Purchase a high-end yacht is the goal here. The goal of this research is to determine the anticipated costs that will be incurred while purchasing and maintaining a yacht in the year 2050. Expenses: Before purchasing a yacht, it is important to conduct extensive study and obtain an exact estimate of the amount of money that will be required to purchase one. Remember to factor in the expenses that are linked with ongoing obligations like as maintenance, insurance, and any other ongoing commitments. The calculation involves determining the anticipated costs of purchasing and maintaining the yacht while taking into account the impact of increases in inflation rates. Determine the amount of money that must be saved each year in order to be able to afford the yacht. Consider the following example: current tuition: $7,000 paid at the beginning of an academic year inflation: (5.3% determined through research) rate of return that can be earned: 6% the student attends for four years starting 23 years from now. a. Researched inflation rate is determined to be 5.3% b. $7,000 (1.053)23 = $22,959 FV c. Begin mode, 1 C/Y