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E's grandpa promised to give her $5,000 if she graduates college in four years. Assuming a future inflation rate of 5% how much is that

E's grandpa promised to give her $5,000 if she graduates college in four years. Assuming a future inflation rate of 5% how much is that gift worth today? a. $5000 b. $6080 c. $4115 d. $17730

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