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Question 23 5 pts Given that nominal interest rates are 10% and the inflation rate is 3%, about how much do you need to invest

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Question 23 5 pts Given that nominal interest rates are 10% and the inflation rate is 3%, about how much do you need to invest today to have the equivalent of $100,000 in 2010 dollars left over in 40 years? (There may be some rounding here - choose the number closest to yours.) O $902,946 $14,801 $7,197 O $31,747 $329,002 O $47,214

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