How much must you invest exactly 5 years from now to have $500,000 in todays buying power

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How much must you invest exactly 5 years from now to have $500,000 in today’s buying power 20 years from now?

You can invest your money at 10 percent per year, and inflation runs 4 percent.

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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Question Posted: Apr 02, 2024 01:10 AM

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How much must you invest exactly 5 years from now to have $500,000 in todays buying power

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Principles Of Engineering Economic Analysis

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