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actualprice You are buying a sofa. You will pay ( $ 260 ) today and make three consecutive annual payments of ( $ 360 )

actualprice You are buying a sofa. You will pay \( \$ 260 \) today and make three consecutive annual payments of \( \$ 360 \) in the future. The real rate of return is 11 percent, and the expected inflation rate 2 answers

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