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Given that nominal interest rates are 6% and the inflation rate is 3%, about how much do you need to invest today to have the

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Given that nominal interest rates are 6% and the inflation rate is 3%, about how much do you need to invest today to have the equivalent of $100,000 (in today's dollars) left over in 40 years? (There may be some rounding here - choose the number closest to yours.) $31,747 $329,002 $21,248 $47,214 $902,946 $14,801

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