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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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