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14 Based on the latest Consumer Price Index (CPI), inflation in the US appears to be running at about a. 6.25% and highest since 2010

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14 Based on the latest Consumer Price Index (CPI), inflation in the US appears to be running at about a. 6.25% and highest since 2010 b. 8.4% and highest in history c. 8.4% and the highest since the 1980s d 10.35% and highest in history, and the world at this moment 15 Inflation and interest rates have little effect on asset prices (stocks, bonds and real estate are assets) TRUE FALSE 16 $3,250 deposited in an account that earns 3% for six years, compounded annually a. 3,976.22 b. 3,880.67 This question is from Chapter 5 - TVM Future Value c. 4,106.32 4,367.73 4,584.45 U

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