You would like to purchase a vacation home when you retire 6 years from now. The current cost of the homes that interest you is $213,967; however, you expect their price to rise at 4.87% per year for the next 6 years. How much must you save each year in nominal terms (the same amount each year) for 20 years, starting next year, to just be able to pay for the vacation home if you earn 4.52% APR (compounded annually) on your investments? Question 6 1 pts You currently have two loans outstanding: a car loan and a student loan. The car loan requires that you pay $400 per month, starting next month for 32 more months. Your student loan is requires that you pay $78 per month, starting next month for the next 86 months. A debt consolidation company gives you the following offer: It will pay off the balances of your two loans today and then charge you $457 per month for the next 37 months, starting next month. If your investments earn 3.78% APR, compounded monthly, how much would you save or lose by taking the debt consolidation company's offer? If you lose, state your answer with a negative sign (e.g., -25,126)