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A family spends $46,000 a year for living expenses. If prices increase by 2 percent a year for the next three years, what amount will
A family spends $46,000 a year for living expenses. If prices increase by 2 percent a year for the next three years, what amount will the family need for their living expenses after three years? (Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. Round time value factor to 3 decimal places and final answer to the nearest whole number. Future living expenses
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