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4. Assume the inflation rate in Canada to be 5 percent per year for the indefinite future. (a) How much would a Canadian dollar, at

4. Assume the inflation rate in Canada to be 5 percent per year for the indefinite future. (a) How much would a Canadian dollar, at the end of 10 years, be worth in terms of today's dollar? (b) How much at the end of 30 years? (c) At the end of 60 years?

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