To retire at a decent age and move to Hawaii, an engineerplans to trust her account to an investment firmthat promises to make a real rate of return of 10% peryear when the inflation rate is 4% per year. If the accountcurrently is valued at $422,000 and she wantsto retire in 15 years, how much (in then-current dollars)will have to be in the account for the realized rateof return to be a real 10% per year? Also, write a single-cell spreadsheet function to display the answer.
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