4. You and a friend want to go on a bike trek through France. You decide to...

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4. You and a friend want to go on a bike trek through France. You decide to invest $200 a month for four years in a money market account that is earning 4%. If inflation runs at 2% for the next four years, what percent is the true gain in the purchasing power of your investment? (LO 11-1)

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Personal Finance Building Your Future

ISBN: 9780077861728

2nd Edition

Authors: Robert Walker, Kristy Walker

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