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ABC company needs to purchase 2 years from now and expects to pay $20,000 at that time. At a real interest rate of 10% per

ABC company needs to purchase 2 years from now and expects to pay $20,000 at that time. At a real interest rate of 10% per year and inflation rate of 4% per year, what is the present worth of the cost of the equipment? Answer A. $15,389.35 B. $15,281.92 C. $16,358.32 D. $16,528.93

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