Question: please don't answer unless you are sure this is my last attempt Current Attempt in Progress You are buying a sofa. You will pay $200

please don't answer unless you are sure this is my last

please don't answer unless you are sure this is my last attempt

Current Attempt in Progress You are buying a sofa. You will pay $200 today and make three consecutive annual payments of $300 in the future. The real rate of return is 23.0 percent, and the expected inflation rate is 4 percent. What is the actual price of the sofa? (Do not round factor values. Round final answer to 2 decimal places, e.g. 15.25.) Actual price $

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