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Continental Airlines operates in and out of many countries. Country A has a low inflation rate of 4.4% per year, while country B has a

Continental Airlines operates in and out of many countries. Country A has a low inflation rate of 4.4% per year, while country B has a high rate of 32% per year. A $1 million fund is maintained in each country for emergency purchases to repair disabled aircraft. Use a formula to determine the purchasing power after 2, 4, and 5 years if the funds are not utilized.

Enter your answer in thousands of dollars and not millions.

Country A:

The purchasing power after 2 years will be $ .

The purchasing power after 4 years will be $ .

The purchasing power after 5 years will be $ .

Country B:

The purchasing power after 2 years will be $ .

The purchasing power after 4 years will be $ .

The purchasing power after 5 years will be $ .

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