15. If a $100,000 project is delayed for 5 years, how much should be budgeted to complete...
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Question:
15. If a $100,000 project is delayed for 5 years, how much should be budgeted to complete project in year 5 if the inflation rate is 3%?
The answer is 1,428,571. Can someone explain this process in detail. Thank you .
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