Calculate the future equivalent in Year 15 of: (a) Dollars having today's purchasing power. (b) Then-current purchasing
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(a) Dollars having today's purchasing power.
(b) Then-current purchasing power dollars, of $10,000 today. Use a market interest rate of 15% and an inflation rate of 8%.
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Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
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