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Leslie Cortes invests $ 2 5 , 0 0 0 today in an investment that earns 8 percent per year ( compounded annually ) for
Leslie Cortes invests $ today in an investment that earns percent per year compounded
annually for years. The average inflation rate is expected to be percent per year. She will
have much more than $ in years BUT what would this future amount be if expressed in
todays dollars?
a $
b $
c $
d $
e $
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