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4 years ago, your investment account was at P61,573.08. If interest on the investment is 4.5% compounded quarterly, will the purchasing power be protected
4 years ago, your investment account was at P61,573.08. If interest on the investment is 4.5% compounded quarterly, will the purchasing power be protected despite experiencing an inflation rate of 5.5% per year?
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
