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Assume the real rate of interest is 2.00% and the inflation rate is 6.00%. What is the value today of receiving 13,074.00 in 13.00 years?

Assume the real rate of interest is 2.00% and the inflation rate is 6.00%. What is the value today of receiving 13,074.00 in 13.00 years? image text in transcribed

#5 Assume the real rate of interest is 2.00% and the inflation rate is 6.00%. What is the value today of receiving 13,074.00 in 13.00 years? . unanswered Submit not submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places

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