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15 15. Assume the real rate of interest is 3.00% and the inflation rate is 5.00%. The value today of receiving $43,000 in 13 years

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15. Assume the real rate of interest is 3.00% and the inflation rate is 5.00%. The value today of receiving $43,000 in 13 years is $ a. 11,350.57 b. 12,884.12 c. 13,058.81 d. 14,806.04 e. 15,528.29

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