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If the inflation rate for the next 2 0 years is 4 % per year, what hourly rate of pay in 2 0 years will

If the inflation rate for the next 20 years is 4% per year, what hourly rate of pay in 20 years will be equivalent to $10 per hour today?
a
. $21.91
b
$22.60
c
$226.00
d
$19.19
e
$14.56

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