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Question 17 1 pts You would like to purchase a vacation home in 7 years, The current price of such a home is $300,000 but

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Question 17 1 pts You would like to purchase a vacation home in 7 years, The current price of such a home is $300,000 but the price of these types of homes is rising at a rate of 4% per year. How much would you have to invest today in nominal terms to exactly pay for the vacation home if your investments earn 6% APR (compounded annually) in nominal terms? $262,551 $199.517 $272,003 $394,780

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