A top-of-the-line 3D printer costs $40,000 today. The manufacturer plans to raise the price so that a

Question:

A top-of-the-line 3D printer costs $40,000 today. The manufacturer plans to raise the price so that a real rate of return of 5% per year is realized. In a period of 4% per year inflation, how much will the printer cost 3 years from now in terms of CV dollars?

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