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If $45,000 is invested now, which of the following value is closest to the equivalent future dollars 9 years from now to earn a real
If $45,000 is invested now, which of the following value is closest to the equivalent future dollars 9 years from now to earn a real interest rate of 2% per year, when the inflation rate is 1% per year?
Select one:
a. 67,640
b. 38,231
c58,817
d. 29,409
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