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Over last 20 years annual inflation in Canada has been 2% on average. It means that annual income of $100,000 in 2013 was equal to
Over last 20 years annual inflation in Canada has been 2% on average. It means that annual income of $100,000 in 2013 was equal to _______ in 1995 in terms of real purchasing power:
A) $80,106.32
B) $156,250.00
C) $70,015.94
D) $142,824.62
E) $64,000.00
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