6. 10.6 Assume that you want to retire 30 years from now with an amount of money...

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6. 10.6 Assume that you want to retire 30 years from now with an amount of money that will have the same value (purchasing power) as $1.5 million today. If you believe the inflation rate will average 4% per year, determine the amount of future dollars you will need.

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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