Question
Assume the real rate of interest is 3.00% and the inflation rate is 5.00%. What is the value today of receiving 13,969.00 in 13.00 years?
Assume the real rate of interest is 3.00% and the inflation rate is 5.00%. What is the value today of receiving 13,969.00 in 13.00 years? Submit Answer format: Currency: Round to: 2 decimal places.
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The Essential Nonprofit Fundraising Handbook
Authors: Michael A. Sand, Linda Lysakowski
1st Edition
1601630727, 978-1601630728
