Question 3 1 pts The average price of a compact car in 2018 is $23,820. If inflation on compact cars is 3.94% per year, how much will a compact car cost in 2023? Question 4 1 pts You plan to retire in 21 years. You would like to maintain your current level of consumption which is $40,081 per year. You will need to have 20 years of consumption during your retirement. You can earn 6.05% per year (nominal terms) on your investments. In addition, you expect inflation to be 3.13% inflation per year, from now and through your retirement. How much do you have to invest each year, starting next year, for 9 years, in real terms to just cover your retirement needs