How much will you need 20 years from now to have the purchasing power of $100 today

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How much will you need 20 years from now to have the purchasing power of $100 today if the (compound annual) rate of inflation during the period is:
a. 2%?
b. 3%?
c. 4%?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:01 AM

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How much will you need 20 years from now to have the purchasing power of $100 today

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Business Mathematics In Canada

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