You just started this MHA. You are looking forward to the day that you are done and gainfully employed. You really liked this new Honda Accord that just came out (because one of your professors used to work for Honda). Today the cost of that car is $32,000. You are smart and you know you need to put money away today - so that in FIVE years, you can purchase it. You are going to put your money away in index fund that will earn 7% interest. Annual inflation is expected to be 3.2%. 

How much money do you need to invest today to be able to afford that car?