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Paul just graduated from college and landed his first real job, which pays $32,300 a year. In 9 years, what will he need to earn
Paul just graduated from college and landed his first "real" job, which pays $32,300 a year. In 9 years, what will he need to earn to maintain the same purchasing power if inflation averages 5 percent? Click on the table icon to view the FVIF table The future value, FV, Paul will need to earn if inflation averages 5 percent is $ (Round to the nearest cent.)
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