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Below is a table of forecasted inflation rates for the next 50 years. Years Expected annual inflation 0-10 1.1% 11-20 1.7% 21-30 2.5% 31-40 2.7%
Below is a table of forecasted inflation rates for the next 50 years. Years Expected annual inflation 0-10 1.1% 11-20 1.7% 21-30 2.5% 31-40 2.7% 41-50 3.3% How much would you expect to pay 50 years from now for each of the following? A] $3.15 Coffee. BJ $60,000 Car. CJ $750,000 House. Assume that the given inflation rate will impact in the same manner all items in this questions
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